Sunday, 29 May, 2022

Topic: Gold

Modi govt plans tweak to Gold Monetisation Scheme, wants you to share price-fluctuation risk

Launched in 2015, GMS allows people to deposit their idle gold with an RBI-designated bank & earn interest on it, much like in a fixed deposit scheme.

Here’s why buying gold is considered auspicious on Akshaya Tritiya

Buying gold on Akshaya Tritiya is considered auspicious, so head over to the Melorra store and check out their offers.

Gold prices lowest in almost two weeks as US bond yields rise

Gold prices are proving resilient -- gaining more than 6% this year -- as political and economic risks push investors toward the haven asset.

Gold investors bet against US Fed as Russia-Ukraine war threatens paradigm shift

Gold buyers piling into exchange-traded funds are taking a pessimistic view of the US Federal Reserve’s ability to cool decades-high inflation without hurting the economy.

Gold rises to 5-week high as risk of US recession boosts demand for haven asset

The possibility of a de facto EU embargo on Russian gas and threat of some curbs on crude in Europe’s next sanctions package bolstered both commodities.

Gold held gains after Russia Ukraine talks failed to resolve ongoing conflict between countries

Gold and various other commodities have fallen from recent highs. Concerns remain over threat of an inflationary shock to global economy as Federal Reserve prepares to raise interest rates.

Gold surges above $2,000 as war in Ukraine boosts demand for haven

Bullion is extending gains after posting biggest weekly advance since July 2020 amid concerns that the penalties against Russia could dim global growth & further stoke inflation.

Modi govt rethinks Gold Monetisation Scheme, feels it’s too expensive, hasn’t achieved aim

RBI has been asked to conduct a structural review of the scheme, including its rationale, associated high costs, and desirability of its continuation.

Gold price rises to 3-month high amid geopolitical tensions over Ukraine

Bullion’s appeal as a store of value and an inflation hedge has seen its price hold up, despite the efforts to defuse the Ukraine situation.

Gold holds decline as bond yields climb on expected Fed rate hikes

Gold is holding above $1,800 an ounce after dropping for the first time in three years in 2021 as central banks globally started dialing back on pandemic-era stimulus.

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Representational image of cryptocurrencies | Pizabay

What are UST & Luna and why the fall of 2 ‘stablecoins’ led to a crypto crash in India

Along with crash in value of UST and Luna coins, Indian market for crypto assets also reeling under strict control imposed by government, with the imposition of TDS on all crypto transactions.


NSA Ajit Doval with NSAs from the other countries at the meeting at Dushanbe, Tajikistan | Photo: Courtesy the NSA's office

NSA Ajit Doval pushes for ‘terror free’ Afghanistan, says India stands with Afghan people

Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.

Why it’s obscene to tell Ukraine to give in & how war-upended global balance of power brings openings for India

Global order is in flux, and India is being wooed by all. It opens up economic, strategic & military possibilities unimaginable till recently. It is for India to take this opportunity.