'Gold to shine in new Samvat year too, with up to 18% gain'

Quick Summary:

Gold is anticipated to yield 15-18% returns in Samvat year 2081, driven by positive economic factors and demand.

This follows a 30% return in the previous Samvat year due to geopolitical tensions and monetary policy shifts.

Import duty trends and interest rate stability may influence gains.

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Article Details

Author / Journalist: Agencies

Category: EconomyBusiness

Markets: IndiaIndonesiaItalyPortugal

Topics: Samvat year Geopolitical tensions Interest rates Safe-haven investment Business news Gold returns

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 10:07:39 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 601 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23387198

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 34 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #28

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