Gold premium widens on heavy investment demand In the fiscal quarter through June 2020, 11 gold ETF schemes witnessed net inflows of Rs 2,040.19 crore , up from Rs 1,490.51 crore in the preceding quarter and Rs 52 crore outflow in the year ago quarter.
Rally in gold & silver spells more good time for this stock With the weakening global economic situation and strong liquidity, the demand for gold and silver is expected to remain strong according to analysts.
Hold Multi Commodity Exchange; target of Rs 1873: Arihant Capital Arihant Capital recommended hold rating on Multi Commodity Exchange with a target price of Rs 1873 in its research report dated July 29, 2020.
Buy Multi Commodity Exchange; target of Rs 1800: ICICI Direct ICICI Direct is bullish on Multi Commodity Exchange has recommended buy rating on the stock with a target price of Rs 1800 in its research report dated July 27, 2020.
Gold prices today near record high levels as low interest rates make bullion attractive Gold tends to gain when interest rates are low, which reduces the opportunity cost of holding non-yielding bullion. Gold is also seen as a hedge against inflation and uncertainty.