MCX December gold futures were trading at Rs 60,866 per 10 gram, up by Rs 81 or 0.13% from the Wednesday s closing price. Meanwhile, the December Silver futures were trading at Rs 71,826 per kg, higher by Rs 528 or 0.74%.
The month will see BSE raising derivatives transaction fees and banks will wind up special high-rate FD schemes while the reward multiplier scheme will end for Amex cardholders.
Investors should consider parameters depending on their objectives, risk, return, liquidity, and tax benefits before choosing the most appropriate option to invest in gold this Dussehra.
While for centuries, Indians bought gold in physical forms, like coins, bars, and jewellery, Deveya Gaglani, Research Analyst - Commodities, Axis Securities, believes that it might be time to move on. Here s how he recommends buying gold this Dussehra.