Planes, iPhones, soda cans, electric cars and appliances, aluminium is key to modern life and the global economy. It is trading at a three-year high, near $2,900 per metric ton.
Gold has a track record of increasing in value in times of market stress. Owning gold is also rooted in Indian and Chinese cultures, 2 of the world’s largest markets for the metal, where jewellery & bars are passed down through generations.
The retreat in prices this week, while huge for such a steady asset, has still only brought gold back to where it was little more than a week ago. The metal is still up this month, and has gained about 55% this year.
Gold is now firmly established as another investment asset, along with stocks and bonds. These days, its investment role is as part of a diversified portfolio, not as a hedge.
The gold price today in Mysore isn’t just a plain number, it’s an opportunity to maximise your investments. Learn how to make informed buying, selling, and borrowing decisions based on the gold rate today
Rourkela: The Odisha police have busted an inter-state gang, which was duping gullible persons of their gold in the name of cleaning those valuables...
It’s a geopolitical game changer. US, now, has primacy over oil-producing allies and adversaries alike — whether it’s Saudi Arabia or Iran, Nigeria or Russia.
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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