Gold Continues to be the Safest Investment Bet

04.28.13

Gold Continues to be the Safest Investment Bet
© digitalmoneyworld

Gold, the yellow metal has always had a place of significance in the history of the world. During the last decade, the gold bulls have had a field day with the prices of gold rising from below $300/oz to almost $1500/oz. Gold as a commodity, is creating headlines globally with research and opinions on where the prices are going next. In such a scenario, the question that may be asked by investors, as the World moves into the 2nd financial quarter of 2012, is whether it makes sense to invest in gold.
It will be important to note that bullion has always been less volatile than the stock market and it has been surveyed that the rolling volatility in gold prices over the decade has been 13 percent. Keeping this in mind it will not be difficult to state that the fluctuations in the prices do not deter investments to a large extent.
As per USA Today , the S&P 500 Index has increased more than 100 percent from the end of 2009 to the end of the 1st quarter of 2012. This has given the US investors enough reasons to be happy. Gold has always been the favorite means of stashing away surplus money. In countries like India where buying gold seems to be a favorite pass time, there seems no ifs and buts about the metal being a safe investment.

Tanishq Gold Jewellery Boutique in Mumbai

04.23.13

As per a report from franchise India, Tanishq Gold Jewellery has launched a spacious boutique in Mumbai. Tanishq Gold Jewellery is India's largest branded jewellery retailer and has launched a Tanishq Gold Jewellery Boutique at a high end location near Fame Adlabs, Link Road, Andheri West, Mumbai.

]This debutant place is 20000 sq.ft. area. Mr. C.K. Venkataraman announced that Branded Jewellery like Tanishq Gold Jewellery are changing the phase of jewellery industry and in a couple of years we will have a chain of overwhelming turnover across the country.

Tanishq Gold Jewellery Boutique in Mumbai
© PinkMoose

Tanishq Gold Jewellery pays special attention for tastes and quality designs for new age customers. Tanishq Gold Jewellery has different store spaces for all the people whether they are male, female or children. The Tanishq Gold Jewellery has different ranges starting with Rs.2000 to Rs.35 Lacs and as Tanishq Gold Jewellery Boutique is 20000 Sq.Ft. space, it is divided into different sections for Gold, Platinum and Diamond Jewellery.

Demand For Gold Jewellery in India is Falling Due to High Metal Prices

04.18.13

Demand For Gold Jewellery in India is Falling Due to High Metal Prices
© dbking

As the price of gold hits record highs, demand for gold jewellery in India, the world's largest consumer of the precious metal, is beginning to drop. With India's first wedding season nearly half over, merchants in Mumbai are noting that middle class buyers are showing restraint in their purchases.

This was even the case over the Gudi Padwa holiday in Maharastra, which is considered an auspicious time for the buying of gold. Turmoil in the Middle East, a falling US dollar, and inflationary pressures have all combined to lift market price for the precious metal as a hedge. Surging food and energy prices are putting pressure on the Indian economy and consumers, and central bank rate hikes to try to rein prices in are likely to crimp the economy going forward as well. Another factor is that young middle-class Indians in the cities are moving away from the traditions of their parents, including a preference for gold jewelry.