Gold price will go down a bit, and then people will buy gold that's why i think kj went up

And then it will go up due to demand and only the middleman will benefit.

Founder

Software Developer

I couldn't understand how the Budget and duty reduction on Gold and Silver will impact Gold and Silver prices.
Also saw Jeweller Stock price rise today - Eg.

I couldn't understand how the Budget and duty reduction on Gold and Silver will impact Gold and Silver prices.
Also saw Jeweller Stock price rise today - Eg. Kalyan Jewellers.

Can anyone explain what will be the impact? Will it rise or fall?

Impact of Budget on Gold and Silver

Impact of Budget on Gold and Silver- Grapevine

Welcome to Personal Finance's Private Community

Hey, do you think the good rate will decline further? Today, 26/7 it is ~69k, from 74k few weeks ago.
Because of budget changes?

Gold

What is the reason for so much increase in gold price?

- depreciating rupee
- anticipated recession
Something else?

Gold is rising 📈

Product Manager

Welcome to News Discussion's Private Community

What’s your budget impact on stock market ? Any stocks which could soar ?

Software Engineer

These days, I can't help but keep on thinking about post white collar labour economy and it's implication on our day to  day life.... 

We can keep on dwelling in our wishful cocoon but fact remains that world is going to be vastly different in 4-5 years vis a viz today... 

In that scenario, let's us discuss some scenario :
1. What will be impact on rental yields of tier  1 cities and consequently what will be overall impact on Indian real estate 
2. What would be impact on banking interest rates 
3. Where will you park your money in that scenario : Gold, Indian Equity , Big Tech Equity , FD, Real estate or Cash.. 

My opinion :
1. As high paying jobs for majority of people diminishes, Rental yields of tier 1 cities will come down thereby directly impacting real estate. This will result in huge NPA by those people who have taken loans for 20-30 years period. This will eventually bankrupt real estate developers thereby making real estate deflationary. 

2. We will begin to witness  overall a deflationary society where cost of services like Education, software, finance etc will drastically reduce. Moreover due to high NPAs,  banking interest rate will reduce. Home loans for tenure of 20-30 years will drastically reduce due to increased uncertainty. 

3. Gold has historically been inflation proof asset. However will it still be a good asset to invest into in a deflationary society?  What are things that will still hold value then? 

Don't you think current big techs will become East India Company of future indirectly controlling world's economy? 

I would love to know what do grapevine folks think about the same  !

Discussion about post white collar labour economics

Has anyone invested in SGB's or is it worth investing? If yes, how to invest and how much amount are you investing.

Sovereign Gold Bonds

Application analyst

Are SGBs worth it? What happens if we buy from the secondary market instead of RBI? How is the interest calculated for those? Is the interest taxed as per slab?

Embedded Software Engineer

Hi folks, 

Personally, I thought I should invest in the index fund. Because, I don't want to take the risk with this amount. 

But I would still like to know 2 things - 

1. Is the index fund fine? 
2. Is it the right time to invest in lumpsum Or should I do an SIP of 20k? 

Any help would be appreciated. 

Thanks in advance :)

Where to invest Rs. 2 lacs right now?

I have a saved up 10L and planning to invest in SGB in the upcoming window, will this be a good idea to put all the money in one shot in SGB

Investing in SGB

Computer operator

What are your views about gold futures
What will be the risk reward ratio

How much upside or downside expected . In case planning to invest a 1kg gold futures

With the present downturn due to budget obligations when do you expect revival

Impact of Budget on Gold and Silver

Discover More

Personal Finance on

by KoolCoder

Credit Suisse Group

Gold

Personal Finance on

by Indusplateau

Stealth

Gold is rising 📈

News Discussion on

by Azuma

Oracle

What’s your budget impact on stock market ? Any stocks which could soar ?

News Discussion on

by AGIcoming

Google

Discussion about post white collar labour economics

Personal Finance on

by MatrixG

Accenture

Sovereign Gold Bonds

Personal Finance on

by EngINeer

Arrow Electronics

Sovereign Gold Bonds

Personal Finance on

by DesiTraveller

Contlo

Where to invest Rs. 2 lacs right now?

Personal Finance on

by RealOldmonk

Stealth

Investing in SGB

Personal Finance on

by SpideyVine

Thoughtworks

Planning to invest in gold futures MCX, all expert views are appreciated