Gold has surpassed its physiological level of 50,000 on the MCX where this sell-off may extend towards the level of 49,000. Despite the fact that the dollar index has fallen, gold prices have not risen much.
On the COMEX, gold has also surpassed the $1700 barrier, and is presently trading around its earlier support level of $1675, from which a previous surge to the level of $2080, which was the highest level of the year, was recorded.
Recent dollar strength and gold weakness may be directly linked to the Federal Reserve's aggressive monetary policy, which has seen interest rates climb at every FOMC meeting since March of this year. This corresponds to the Federal Reserve's first interest rate increase, which happened in March as well.
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भारत में सोने पर बेसिक इम्पोर्ट ड्यूटी को 7.5 प्रतिशत से बढ़ाकर 12.5 प्रतिशत कर दिया गया है जिससे पिछले सप्ताह घरेलु वायदा बाजार में सोने के भाव, सप्ताह भर गिरावट रहने के बावजूद 3 प्रतिशत बढ़ गए। जबकि कॉमेक्स में सोने के भाव 1800 डॉलर के निचले स्तरों को तोड़ चुके है और सप्ताह में कीमते 2 प्रतिशत टूट कर 1794 डॉलर प्रति औंस पर पहुंच गई है।
अमेरिकी बेंचमार्क ट्रेज़री यील्ड 3 प्रतिशत पर है जबकि अमेरिकी डॉलर इंडेक्स में मजबूती बने रहने से अंतर्राष्ट्रीय बाजार में सोने के भाव में दबाव बना हुआ है। भारत में 5 प्रतिशत इम्पोर्ट ड्यूटी बढ़ने से कीमते सप्ताह में 2.5 प्रतिशत तेज़ हो कर 51800 रुपये प्रति दस ग्राम के स्तरों पर रही। औद्योगिक मांग घटने से चांदी के भाव कॉमेक्स में पिछले सप्ताह 6 प्रतिशत टूट कर 19.73 डॉलर पर रहे जबकि घरेलु बाजार में सितम्बर वायदा चांदी के भाव सप्ताह में 3 प्रतिशत टूटे कर 58000 प्रति किलो के निचले स्तरों पर है। सरकार द्वारा जारी आंकड़ों के अनुसार, भारत का व्यापार घाटा सालाना 6.53 अरब डॉलर से बढ़कर 24.29 अरब डॉलर हो गया है। चालू वित्त वर्ष के पहले दो महीनों के दौरान व्यापार घाटा बढ़कर 44.69 अरब डॉलर रहा, जो पिछले साल की समान अवधि में 21.82 अरब डॉलर था।
बढ़ते व्यापार घाटे और विदेशी फंडों के निरंतर देश से बहार जाने के कारण अमेरिकी डॉलर के मुकाबले रुपया 79 के निचले स्तरों पर लुढ़क गया है। भारत सोने का दूसरा सबसे बड़ा आयातक है जिसका व्यापार घाटे में बड़ा हिस्सा है। मई 2021 में 677 मिलियन अमरीकी डॉलर के मुकाबले, सोने का आयात बढ़कर 6 बिलियन अमरीकी डॉलर हो गया है। वर्ल्ड गोल्ड काउंसिल के अनुसार, भारत में सोने का आधिकारिक आयात मई में 98 टन पर रहा, जो इस साल अप्रैल में 27 टन और मई 2021 में 11.4 टन पर था।
इस सप्ताह अमेरिका से जारी होने वाले, फेड मीटिंग मिनट्स, एडीपी नॉन फार्म एम्प्लॉयमेंट चेंज और पैरोल के आंकड़े कीमती धातुओं के लिए महत्वपूर्ण रहेंगे।
अगस्त वायदा सोने की कीमतों में 50000 रुपये पर सपोर्ट है और 52200 रुपये पर प्रतिरोध है। सितम्बर वायदा चांदी में 56000 रुपये पर सपोर्ट और 60000 रुपये पर प्रतिरोध है।
कीमती धातुओं के भाव में लगातार दूसरे सप्ताह भी गिरावट रही। सोने और चांदी के भाव में दबाव, अमेरिकी फेड द्वारा बड़ी ब्याज दर बढ़ोतरी की सम्भावना के चलते बना हुआ है।
पिछले सप्ताह फेड प्रमुख जेरोम पॉवेल ने कहा कि केंद्रीय बैंक की मुद्रास्फीति पर लड़ाई "बिना शर्त" है और इसको नियंत्रित करने के लिए हर संभव प्रयास करेंगे साथ ही कहा की 1 प्रतिशत ब्याज दर वृद्धि की संभावना पर भी विचार करेंगे।अमेरिकी डॉलर स्थिर बना हुआ है, और उम्मीदें अब जुलाई में 75-आधार-अंकों की बढ़ोतरी की ओर झुकी हुई हैं। बढ़ती मुद्रास्फीति पर अंकुश लगाने के उद्देश्य से दुनिया भर में सख्त केंद्रीय बैंक नीतियों के प्रभाव से निवेशक सतर्क है।
सोने के भाव 51300 रुपये से लेकर 50100 रुपये प्रति दस ग्राम के सीमित दायरे में बने हुए है। जबकि औद्योगिक धातुओं में बिकवाली का दबाव रहने के कारण चांदी में भी बिकवाली का दबाव बढ़ गया है। तेज़ी से बढ़ती हुई ब्याज दरों में वृद्धि आर्थिक मंदी की चिंताओं को बढ़ा रही है जिससे दुनिया भर के शेयर बाज़ारो में दबाव बना हुआ है। निवेशक सुरक्षित निवेश के अन्य विकल्प जैसे डॉलर की और रुख कर रहे है। पिछले सप्ताह अमेरिका, यूरोप और जापान से जारी फ़्लैश मैन्युफैक्चरिंग के आंकड़े अनुमान से कमजोर रहे जो आर्थिक मंदी का संकेत देते है।
अगस्त वायदा सोने की कीमतों में 50000 रुपये पर सपोर्ट है और 51500 रुपये पर प्रतिरोध है। जुलाई वायदा चांदी में 58000 रुपये पर सपोर्ट और 62000 रुपये पर प्रतिरोध है।
पिछले सप्ताह के शुरुवात में सोने और चांदी के भाव में दबाव रहा लेकिन अमेरिकी फ़ेडरल रिज़र्व द्वारा ब्याज दरों में अनुमान से अधिक वृद्धि करने से कीमतों में निचले स्तरों से सुधार दर्ज किया गया। यूएस फेडरल रिजर्व (फेड) ने बुधवार को 1994 के बाद से अपनी उच्चतम ब्याज दरों में बढ़ोतरी की है।
ब्याज दरों को 1 प्रतिशत से बढ़ाकर 1.75 प्रतिशत कर दिया है जबकि अनुमान 1.5 प्रतिशत तक वृद्धि का था। अमेरिका में मुद्रास्फीति 41 साल की उचाई पर पहुंच गई है जिसके कारण फेड की चिंता बढ़ गई है। इस महगाई को नियंत्रित करने के लिए फेड द्वारा ब्याज दरों में आक्रामक वृद्धि और बैलेंस शीट कटौती का रुख अपनाया गया है।
आक्रामक मौद्रिक नीति का असर अमेरिका से जारी होने वाले आर्थिक आकड़ो में दिखाई देने लगा है और आर्थिक मंदी की सम्भावना बढ़ने लगी है जिससे सोने और चांदी की कीमतों को निचले स्तरों पर सपोर्ट है।
स्विस नेशनल बैंक ने भी गुरुवार को अप्रत्याशित रूप से दरों में 50 आधार अंकों की बढ़ोतरी की, जबकि बैंक ऑफ इंग्लैंड ने अपनी ब्याज दरों को बढ़ाकर 1.25 प्रतिशत कर दिया। बैंक ऑफ जापान ने शुक्रवार को बढ़ती मुद्रास्फीति के बावजूद नीति को सरल रखने का फैसला किया, जबकि वैश्विक केंद्रीय बैंक सख्त मौद्रिक नीतियां अपना रहे हैं।
घरेलु वायदा बाज़ार में सोना 1 प्रतिशत और चांदी में 0.40 प्रतिशत की गिरावट रही। यूएस डॉलर इंडेक्स और यूएस बेंचमार्क ट्रेज़री यील्ड में भी ऊपरी स्तरों पर दबाव रहा। हालांकि, सोने की कीमते निचले स्तरों से सुधर कर 51100 रुपये प्रति दस ग्राम और चांदी के भाव 61700 रुपये प्रति किलो पर कारोबार करते दिखे।
सोने और चांदी के भाव में इस सप्ताह दबाव में रह सकते है। सोने में 50000 रुपये पर सपोर्ट है और 52000 पर प्रतिरोध है। चांदी में 58000 रुपये पर सपोर्ट और 63000 रुपये पर प्रतिरोध है।
Gold is a commodity and it can be traded as a commodity. As with any commodity, it's possible to trade futures contracts on gold. These are called paper gold because they only represent the value of the physical gold that is delivered at maturity.
The seller of such a contract is obliged to deliver the physical metal when the contract matures, while the buyer has to pay for it in advance.
If you buy a futures contract on gold today and hold onto it until maturity, you'll get the physical metal when you need it. If you don't have any use for physical gold but still want to benefit from its price movements, paper gold can be an alternative for you.
To get more information about paper gold feel free to call us at 0120 4400700
If you want to buy gold then it is very important that you understand the difference between physical gold and paper gold.
Physical gold is the actual metal that is bought from dealers. This will be stored in a vault by the dealer and can also be kept at home.
It is advisable to keep gold at home rather than leaving it with the dealer as there have been instances where dealers have been robbed by thieves or even customers who have turned out to be fraudsters.
Paper gold on the other hand is paper certificates that represent physical gold. They are like money in terms of their use but are not actually real money but instead represent an amount of physical gold held by an issuer.
There are many types of paper certificates such as exchange traded funds (ETFs), futures contracts and options contracts but each one works slightly differently from another type of certificate so it is important that you understand how they work before you invest your money in them.
The answer to the above question is a big YES.
Paper gold has been around for a long time and is widely accepted by investors as a safe way of investing in gold. There are several reasons why paper gold is considered one of the most secure ways to invest in gold. The following are some of these reasons:
1) Paper gold does not require any cash upfront. This makes it possible for anyone interested in investing in gold to do so easily, irrespective of their financial status or income level.
2) Paper gold can be traded as easily as stocks or bonds on stock exchanges like NSE, MCX etc, and this makes it easy for investors to buy and sell their investments whenever they want.
3) Investors can use paper gold as collateral against loans from banks or other financial institutions if they need money urgently or need some extra cash flow for their business operations. This gives them more control over their finances and helps them avoid losing all their investment if things go wrong.
Most investors choose one or another type of gold investment based on their preferences. Some people prefer the ease and convenience of holding paper assets instead of actual bars and coins. Others want the security that comes with having physical assets under their control. If you want safety and convenience, then paper assets are probably better suited to your needs than physical ones.
Intraday trading can be thrilling, offering the chance to make quick profits. However, it also comes with its share of risks, especially for those new to it. Losing money can happen easily if you’re not careful.
To help you stay on track and avoid common mistakes, we’ve put together some practical tips. These will guide you in making smarter decisions, managing your risks, and keeping your emotions in check while trading.
Whether you’re dealing with well-known stocks like Reliance Industries or exploring smaller companies in the Indian market, these tips will help you trade more confidently and protect your investments. Let’s dive into these straightforward strategies to make your trading experience smoother and more successful..
Before you start trading, set specific goals for each trade. For example, you might aim for a profit of 2% per trade and decide that you are willing to accept a loss of up to 1% if things don’t go as planned.
Your trading strategy should be based on technical analysis. For instance, you could use moving averages to determine entry and exit points.
A stop-loss order helps limit your losses by automatically selling a stock when it reaches a certain price.
Determine how much of your total capital to risk on each trade, typically between 1-2%.
Financial news and economic reports can impact stock prices.
Use technical indicators to gauge stock trends.
Make decisions based on your trading plan rather than emotional reactions.
Consistency is key. Follow your trading strategy and avoid deviating from it based on market fluctuations.
Leverage amplifies both gains and losses. Use it within your risk tolerance.
Be aware of the margin requirements and how they impact your trades.
Record every trade detail, including entry and exit points and reasons for taking the trade.
Based on your trading journal, make necessary adjustments to improve your strategy.
Choose stocks with high trading volumes to avoid significant price slippage.
Adjust your approach based on market conditions.
Focus on quality trades that meet your criteria rather than trading excessively.
Intraday trading can be exciting, but it’s important to be careful to avoid losing money. By following the simple tips we’ve discussed, like setting clear goals, using stop-loss orders, and staying updated with market news, you can reduce your risk and make better decisions.
Remember, it’s not just about chasing quick profits. It’s also about protecting your money and staying calm under pressure. Using these strategies and staying disciplined will help you trade more successfully and avoid common mistakes.
Keep these tips in mind, and you’ll be on your way to becoming a more confident and successful intraday trader.
We all know that the price of crude oil has increased by 61.13% in the last year. It simply means that the non-renewable resources are limited on the planet and we need to find a suitable alternative for our needs.
Here green energy comes into play. Due to high demand, the price of petroleum, crude oil, and CNG has been on a continued rise which makes the people difficult to sustain. To tackle such issues, many companies have started generating green energy from natural resources such as wind, sunlight, air, water etc.
The companies which generate green energy, the stocks of these companies are known as green energy stocks.
The companies which generate green energy from natural resources such as sunlight, water, and air are called green energy companies and hence the stocks of these companies are known as green energy stocks.
The companies produce green energy with an objective to minimize pollution and save the environment from the destruction such as mining which may damage the whole ecosystem.
Nowadays many investors are willing to put their money in green energy stocks as they give outstanding stock market trading returns to them.
Green energy is the need of the future, hence its requirement will never end. Below are the reasons why you need to invest in green energy stocks:
The uncertain price of fossil fuels gives rise to green energy. We can understand it by taking the example of crude oil prices. During the pandemic, the demand for crude oil completely stopped, and as a result, the price for the same got also declined.
Recently, we experienced a huge demand for crude oil which in turn increased the price as well.
Seeking the importance of green energy, several governments have started in investing green energy in order to save the environment from hazards. As the production of green energy increases, the growth also increases, which in turn increases the stock prices.
Climate change and pollution are the major reasons behind global warming. To solve this problem, green energy came into existence which is produced by air, sunlight, wind and water.
To combat such things, the companies with the help of the government have already started taking actionable steps by replacing fossil fuel vehicles with electronic vehicles as thy reduce the carbon emission to a greater extent.
Here are the Top Green Energy Stocks to Invest in 2022:
Adani Green Energy is considered one of the largest renewable energy companies in India. According to the sources, the company has power projects in 11 states in pan India. Also, the company has a capacity to generate a power of 13,990 MW.
The stock had given an outstanding return of 57.8% from 30 July to 29 December 2021.
JSW Energy Limited is a part of the Jindal group. The company is primarily known for generating green energy as it has a total of 6 electricity projects across India with a capacity of 4,559 MW. Also, the company is planning to set up 3 projects in the near future.
Tata power has the motive of generating green energy from renewable energy sources. Currently, the company has a total capacity of generating 12,800 MW through several hydro and thermal projects.
If we talk about the stock prices, Tata power gave satisfying returns as the share prices increased from Rs 74.15 to Rs 218.60 in a short period.
Gas Authority of India Ltd is the largest natural gas processing and distribution corporation in India. Incorporated in 1984, GAIL currently owns over 11,500 kilometres of natural gas pipelines and over 23,00 kilometres of liquefied petroleum gas pipelines in India.
The majority of the revenue of GAIL comes from the distribution of natural gas.
Revenue breakup of GAIL
Borosil Renewables is a solar glass manufacturer that manufactures several products such as scientific ware, and consumer ware products. It generates 77% of its revenue from India itself and the remaining by doing exports to USA, Europe and Turkey.
Although there are several green energy stocks available on stock exchanges, finding a good green energy stock would be a challenging role and needs a lot of stock market research and time.
Intraday trading is the process of trading financial instruments within a single day. The transactions generally occur within a few minutes to an hour before the market closes for the day. Intraday traders are usually those who wish to make money from short-term price fluctuations in the market. So Today in this blog we will discuss the types of charts in Intraday trading.
Charts are useful because they allow you to see how far prices have moved in relation to each other over time. They show you how far each bar on the chart goes up or down and how many times this has happened before, which is important information for traders who want to know whether a particular price move is unusual or normal for that particular security.
This allows you to analyze whether there were any significant changes in price during each bar, as well as how far they moved from their open or close prices at the end of each bar.
Tick charts are the most popular type of chart for intraday trading. They show price movements as little ticks on a grid and can be used to track the price action of individual stocks and commodities.
These charts are called tick charts because they show the bid/ask prices for each trade, with each trade being one tick on the chart. The next trade is plotted two ticks away from the last one, and so on.
Hourly charts are great for day traders who want to see which way the market is trending over a long period of time.
If you're looking at an hourly chart, all the information will be displayed in one grid that shows the hourly price action all in one place.
This makes it easy to see if there's any major upward or downward movements occurring over a long period of time.
The five-minute time frame is one of the most popular time frames for intraday traders. It allows them to watch market movements in real time and react quickly to price changes.
The five-minute chart is also ideal for day traders because it allows them to take advantage of short-term price movements.
15-minute charts are best used by swing traders who want to see how their stocks have performed during different periods throughout the day before making a decision on whether or not to buy or sell their positions.
These charts typically only display five candles per candle line, so they're not as detailed as other types of charts, but they can still be helpful when looking at historical price action over time.
A tick chart is appropriate for traders who want to see all of the activity in a single market or security over time, including both large and small moves.
Charts analysis is one of the most important aspects of intraday trading. Although it is not required to know charting techniques to take up intraday trading, it helps in making better decisions. The chart gives a lot of information about the market which cannot be obtained from just looking at the quotes on the screen.
Charts show trends and patterns which are very useful for intraday traders as they help them make better decisions. If you want to make your trade successful in intraday, these charts will definitely help you give outstanding returns.
अमेरिकी मुद्रास्फीति (सीपीआई ) के आंकड़े साल दर साल 8.3 प्रतिशत से बढ़कर 8.6 प्रतिशत हो गए है जिससे प्रमुख केंद्रीय बैंको द्वारा मौद्रिक नीति को लेकर आक्रामक रुख बरकार रखने की उम्मीद बढ़ गई है।
और सोने-चांदी के भाव में दबाव बना हुआ है। लेकिन, अमेरिकी फेड द्वारा लगातार ब्याज दरे बढ़ाने के बावजूद मुद्रास्फीति में बढ़ोतरी हो रही है जो कीमती धातुओं को निचले स्तरों पर सपोर्ट कर रहा है। दुनिया में बढ़ता ऊर्जा और खाद्य संकट, मुद्रास्फीति में बढ़ोतरी की मुख्य वजह है।
यूरोपीय सेंट्रल बैंक (ईसीबी) ने पिछले सप्ताह हुई मौद्रिक नीति में जुलाई में ब्याज दर एक तिमाही से बढ़ाने का कहा और सितम्बर में फिर से दूसरी बार दरें बढ़ाने के संकेत दिए है। बढ़ती हुई मुद्रास्फीति को नियंत्रित करने के लिए अन्य प्रमुख केंद्रीय बैंको के साथ यूरोपीय सेंट्रल बैंक द्वारा मौद्रिक नीति को कठोर करना शुरू कर दिया है। ईसीबी ने यह भी कहा कि वह 1 जुलाई को शुद्ध संपत्ति खरीद को भी समाप्त कर देगा।
यूरोज़ोन में मुद्रास्फीति अब 8 प्रतिशत से अधिक हो गई है। घरेलु बाजार में मुद्रास्फीति को नियंत्रित करने के लिए भारतीय रिज़र्व बैंक द्वारा भी रेपो रेट 0.5 प्रतिशत बढ़ा दिया है। जिसके कारण पिछले सप्ताह सोने और चांदी के भाव दबाव में रहते हुए सीमित दायरे में बने रहे।
अमेरिका के शुरुआती बेरोजगार दावे पिछले हफ्ते लगभग पांच महीनों में उच्चतम स्तर तक बढ़ गए है, जो सुझाव देता है ब्याज दर वृद्धि से नौकरी बाजार तंग हो रहा है। यूएस ट्रेजरी सेक्रेटरी येलन ने अपने बयांन में विकास दर धीमी रहने की बात कही, लेकिन उपभोक्ता खर्च और निवेश में मजबूती को बरक़रार बताया है।
डॉलर, जो सोने के विपरीत दिशा में चलता है, पिछले सप्ताह में 1 प्रतिशत से ज्यादा मजबूत हुआ है। जबकि यूएस बेंचमार्क ट्रेज़री यील्ड लगातार दूसरे सप्ताह बढ़कर 3 प्रतिशत के ऊपर पहुंच गई है।
इस सप्ताह अमेरिकी फ़ेडरल रिज़र्व की बैठक है जिसमे 0.50 प्रतिशत ब्याज दरे बढ़ाने की बात कही गई है जिससे सोने-चांदी के भाव में बिकवाली का दबाव बना हुआ है। पिछले सप्ताह घरेलु वायदा बाजार में सोना 0.55 प्रतिशत और चांदी 2 प्रतिशत तक टूटी है।
सोने और चांदी के भाव में इस सप्ताह बिकवाली का दबाव रहने की सम्भावना है। सोने में 49500 रुपये पर सपोर्ट है और 51500 पर प्रतिरोध है। चांदी में 58000 रुपये पर सपोर्ट और 63000 रुपये पर प्रतिरोध है।
Commodity trading has been around for centuries. However, it gained popularity in modern times when companies began to use it to hedge against inflation or deflation.
Traders are often known to be speculators, as they invest in commodities with the hope that the price of these commodities will rise.
There are 6 major commodity trading exchanges in India through which you can trade on commodities.
The best commodity to trade in India is gold. The reason is that it is the only commodity that has a very strong correlation with the rupee. Also, it is considered one of the safest investment options in India.
Investors looking to invest in gold directly can purchase the physical asset, buy shares of a mutual or exchange-traded fund that replicates the price of gold, or trade futures and options in the commodities market.
Also Read - Tax on Gold Investment
The second best commodity to trade in India is Silver. Silver has always been a very stable asset with good returns in the long term, but due to its low liquidity and high transaction costs, it was not considered an investment option by many people.
However, with the launch of the MCX-SILVER exchange, this has changed completely, and now more than 80% of total trading in Silver happens on this exchange.
The MCX offers four silver contracts for trading. The most popular is the Big Silver futures contract, traded in lot sizes of 30 kg. Mini Silver, a 5 kg lot size, is the second most popular contract.
Also Read - ETFs of Silver – A Good Investment
Thirdly, we have crude oil, which is also considered one of the best commodities for trading because it strongly correlates with other commodities like Gold and Silver. There are also many other factors like production cost, etc. which are also considered while trading in crude oil.
Investors interested in trading futures and options on oil can do so by purchasing them directly on a commodities exchange. However, the most common way for the average investor to get exposure to oil is to buy shares of an ETF that tracks the price of oil or a basket of related companies.
Also Read - How to read crude oil inventory data
Aluminum is one of the most widely traded commodities globally and has a huge impact on the global economy.
Aluminum is used in many industries, from aerospace to construction materials to food packaging. Aluminum is also used in transportation, building and construction, electrical equipment, machinery, and much more.
Copper is another popular metal and is considered one of the best metals to trade. It's used in everything from wiring to plumbing to roofing materials. Copper is also used in jewelry making and other industrial applications.
Copper demand will be high, which means that copper futures are likely to rise in value. Trading in these futures is done on Indian commodity exchanges like the Multi-Commodity Exchange (MCX).
When it comes to commodities investing, there are a lot of factors to consider. Commodities can be volatile, they're not as liquid as stocks and bonds, and they don't offer the same predictability that stocks do. But if you pick the right ones and diversify your portfolio correctly, commodities can provide solid returns over time.
Silver, a commodity that has always been in high demand as it has been widely used in making ornaments. Also, it has been used for investment purposes for years.
It is one of the most useful and important metals in the world. It is used in several industrial processes, including electronics and photography, as well as jewellery making.
If we talk about the prices, then we’ve figured out that the price of this commodity is highly volatile, which makes it a suitable investment option for short-term traders.
Nowadays, silver is also considered a heavy metal for investment purposes and that’s the reason many investors are buying it for safe transactions.
If you want to invest in silver, you can buy physical silver or exchange-traded funds (ETFs).
These days Silver ETFs have emerged as an attractive investment vehicle for both retail and institutional investors. Let’s know about Silver ETF in detail:
An ETF is a fund that owns assets such as stocks or commodities and trades on stock exchanges. An ETF can be bought and sold like a common stock on a stock exchange at any time during the trading day.
Silver ETFs are made up of shares that represent an interest in the underlying asset. The price of each share of a silver ETF is determined by what the market is willing to pay for it at any given time during the trading day (like any other security).
When you buy or sell shares of an ETF, your broker will execute the order on behalf of his client (you) through an exchange where the security trades.
Talk to our experts to learn more about Silver ETFs - 0120 4400700
Unlike mutual funds, which are priced once per day at the close of business, silver ETFs trade throughout the day based on supply and demand. The price of an individual share will vary throughout the trading day as buyers and sellers interact with each other through computerized systems called electronic communication networks (ECNs).
As long as demand for a particular share remains greater than supply, its price will continue to rise until it reaches its maximum allowable trading price (MAWP) set by its issuer.
As long as demand falls below supply, its price will decline until it hits zero or becomes negative when everyone who wants to sell has done so and no one else wants to buy any more shares at that time.
Also Read - Golden Chance to Invest in Gold
The Income-tax slab rate will be applicable on returns of Silver ETFs if sold within three years of purchase. After which, 20% tax will be charged under long-term capital gains (LTCG) tax with indexation benefits.
Silver ETFs can help investors diversify their portfolios by providing exposure to one of the most popular precious metals on the market. Unlike gold, which has recently become more volatile and less liquid, silver is more stable and liquid.
As such, silver ETFs provide investors with a way to balance out their portfolios by adding exposure to another asset class that can reduce risk while still offering some potential returns.
Silver's price tends to rise when there is high inflation because it acts as an alternative store of value and a means of exchange during periods of hyperinflation or currency devaluation.
This makes it an attractive investment during times of economic uncertainty, particularly when prices are rising rapidly due to increasing demand from developing countries and growing debt levels in developed countries like India.
Also Read - Low-Risk Investment Options in India
Silver ETFs are listed on stock exchanges, which makes them easier to trade than physical silver. ETFs allow investors to buy and sell large amounts of silver without having to store it.
Silver ETFs are backed by a physical stockpile of silver, assuring that the fund is solvent and has the assets needed to meet its obligations. Silver ETFs can be sold short or used as collateral for other investments.
Silver ETFs are more liquid than physical silver. This means that you can buy and sell your silver ETFs with ease, while physical silver is more difficult to buy and sell.
Silver ETFs provide a quick way to invest in the commodity. Purchasing physical silver takes time, as you must find a seller and arrange for delivery.
By contrast, you can purchase an ETF at any time during market hours. You also don't have to worry about storing your investment or finding a safe place for it.
While both gold and silver can be risky investments, silver is generally more volatile than gold. This means that its price changes more quickly than gold's price.
This is due in part because most investors hold less interest in silver than they do in gold, which means that the supply and demand for silver tend to fluctuate more than it does for gold.
This can cause sudden spikes or dips in the price of silver, which makes it more difficult for investors to predict how much their investments will increase or decrease over time.
The scheme will try to generate returns that are in line with the performance of physical silver in domestic prices as derived from the LBMA AM fixing prices.
The scheme plans to invest its proceeds in physical silver and silver-related instruments. You can benefit from investing in silver ETFs because they provide greater liquidity and fewer storage costs than physical silver.
Aditya Birla Sun Life Silver ETF is an Open-ended Silver Commodities scheme offered by the Birla Sun Life Mutual Fund House.
The scheme aims to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking errors.
The current net asset value of the Aditya Birla Sun Life Silver ETF is Rs 62.9939 for its growth option, as of 24 May 2022.
Silver ETFs are similar to gold ETFs in that they are an investment vehicle that allows investors to buy and sell shares of silver. But there are some important differences between these two types of investments.
EBITDA stands for Earnings before Income, Tax, Depreciation, and Amortization. This is an important metric that tells you a company’s operating performance such as whether a company has an ability to generate cash flow or not. Many stock analysts use EBITDA to know a company's net earnings so as to know the share trading value of the same.
EBITDA is basically a financial metric that tells a company about its financial performance before tax, depreciation etc. EBITDA can also be used as a net income. In other words, EBITDA is a useful tool that helps company professionals to evaluate a business.
Business experts use EBITDA to compare two small businesses. Here are the important factors which need to be considered:
Earnings - Income get from an investment
Interest - Money paid toward a loan or debt incurred by deferring loan repayment
Tax - The government applied tax on the organization
Depreciation - The decrease in the life of the asset
Amortization - The process of reducing or paying off debt at regular intervals.
Asset - An asset which has some value and that can be tangible and intangible such as real estate and intellectual property.
Many experts considered EBITDA as a financial metric as it tells a firm’s operating profit without taking into account things like equipment, property and investment amount.
However, it is often used to cover the poor financial judgment. With all these aspects, it is still considered as an important financial metric.
EBITDA and EBIT are very much similar to each other. The only difference is that EBITDA includes Interest, Tax, Depreciation and Amortization whereas EBIT includes only Interest and tax. EBITDA is mainly used to compare different companies while EBIT is used to evaluate the profitability of a single company.
EBIT gives you complete information regarding a company’s operational health without the loss of money for Interest and Tax, however, it excludes a portion of money which is spent on Amortization and Depreciation.
The formula for calculating EBITDA is given below:
EBITDA = Net Income + Interest Expense + Taxes + Depreciation + Amortization
1) Acquire the Business Income Statement
An income statement simply means a document which depicts a business’s overall revenue and costs in different periods such as a fiscal quarter or a year. Income statements can be categorized into 2 categories: such as revenue and expenses. These categories can be subdivided into different categories such as specific earnings or costs.
2) Find out Figures
All the figures that can be used to calculate the EBITDA are present in the income statement. Now, you need to find interest expenses and taxes. This will be counted as a non-operating subcategory of the expense category. After that, you are required to write depreciation and amortization numbers.
3) Calculate EBITDA
The calculation of EBITDA can be done as:
Net Income + Tax + Interest Expense + Depreciation and Amortization
EBITDA margin shows the cash profit a firm can generate in a year. The calculation of margin can be more useful if analysts compare a firm’s performance to its competitors.
The formula of EBITDA is:
EBITDA Margin = EBITDA/ Aggregate Revenue
The EBITDA of XYZ is Rs 7,00,000 while the aggregate revenue for the same is Rs 70,00,000. A second company called DEF’s EBITDA is registered as Rs 8,00,000, while its aggregate revenue is 85,00,000.
According to the formula discussed above:
EBITDA Margin of Company XYZ Ltd is 7,00,000/70,00000 = 10%
EBITDA Margin of company DEF Ltd is 800000/8500000 = 9.41%
EBITDA can be used in the following business activities:
If you want to add the cost of extra machinery in your next year’s budget plan, EBITDA will come into play as it will tell you the overall company’s financial health along with the right timings regarding the addition of extra expense.
If you want to downsize your staff but get confused about your decisions, EBITDA analysis will help you make decisions objectively, not subjectively.
Let's say you've had your eye on a firm and are considering investing. The EBITDA may help you determine whether the firm has high growth potential, especially when compared to comparable companies, and whether or not joining the team is beneficial.
If you're ready to retire from your firm and want to sell it, and EBITDA analysis can show buyers that it's a good investment and help you choose the right asking price.
EBITDA is used to measure a company’s overall financial performance. Analysts use it as an alternative to the net income in some circumstances.
Tax is something that every individual has to pay whether on the income earned or the business involved. Taxes are compulsory contributions that are applied to individuals or corporations by government entities.
By collecting taxes from the public, the government uses the amount collected in public services such as building roads, schools, medicare and more.
The tax applies to many things. You normally pay tax on income earned, but many of you don't know that tax can be applicable to selling capital assets. In addition to this, if someone made gains from transferring capital assets, that can also be subject to gains tax.
In this blog, we will discuss the capital gain tax in India.
The profit or benefit you earned by selling a capital asset is known as a capital gain. The profit you made from the capital asset is of two types: Short Term Capital Gains and Long Term Capital Gains.
These gains heavily depend on the duration of the assets that come under your category.
Let’s know the conditions when you are required to pay capital gains:
1. Property
It includes both tangible and intangible properties.
Intangible properties include:
2. Securities
The securities that FIIs hold under the rules of SEBI.
Assets that are not Included under capital assets:
Capital gains come in two types: Short Term Capital Gains and Long Term Capital Gains. Since short term capital gains are not subject to security transaction tax are added to your income and then taxed as per the income tax slabs.
If the gains come under the scope of securities transaction tax, then a 15% of taxation is applied to a surcharge and education cess. However, a Long Term Capital Gain attracts a 20% tax in addition to a surcharge and education cess.
A capital asset which you hold for 36 months can be called a short term capital asset.
There are other specific assets whose holding period can be lowered to 24 months or 12 months.
Exceptions
Short term assets generally have criteria of holding for 24 months.
Examples are: Unlisted shares
Immovable properties such as buildings, land and house.
Note: If you exceed the holding period for more than 24 months, a Long Term Capital Gain would be applied.
Short Term assets Have a Holding Period of 12 months.
Equity shares that are listed on the Indian Stock Exchange
Units from UTI
Zero-Coupon Bonds
Government Securities and Debentures are listed on the stock market in India.
Long Term Capital Assets
Capital assets which you can hold for more than 36 months can be classified as long term capital assets. Mobile assets for instance jewellery, if held for 36 months, will be considered long term assets.
What is Long Term Capital Gain Tax (LTCG)
Long Term Capital Gains refer to the profit that you make from an investment for a long period. LTCG can be held for 1-3 years.
These gains are eligible to be taxed under the Income Tax Act called Long Term Capital Gain Tax.
Long term capital gains for debt and equity funds are very different. As equity funds have no tax on long term gains, debt funds have a 20% tax with indexation.
There is no tax exemption on Short Term Capital Gain Tax, Long Term Capital Gain Tax are subject to tax deductions. This shows that you can save money on Long Term Capital Gain Tax by applying certain rules which come under Income Tax Act.
If you want to get an exemption from paying capital gain tax is the reinvestment of the amount received from the sale of the property.
Take a look at the three main exemptions for long term capital gain:
Section 54: This includes the long term capital gain on the sale of a house and the reinvestment of the amount received on the other house.
Section 54EC: Long term capital gains on the sale of a house and reib=vest the amount received in bonds.
Section 54F: This relates to long-term capital gains on the sale of any asset other than a home and the reinvestment of the proceeds in the purchase of a home.
Capital Gains Account Scheme
You can deposit long-term capital gains in a CAGS account if you cannot invest them within the prescribed time frame. The funds must be used within a certain time frame to construct or purchase another residential property.
लगातार दूसरा सप्ताह सोने और चांदी के भाव के लिए बेहतर साबित हुआ है, हालांकि फेड मिनट्स के चलते कीमती धातुओं में बढ़त सीमित रही।
पिछले सप्ताह में घरेलु वायदा सोना 200 रुपये तेज़ होकर 51000 रुपये प्रति दस ग्राम के स्तरों पर पहुंच गया जबकि चांदी 800 रुपये तेज़ हुई और भाव 62400 रुपये प्रति किलो पर रहे। डॉलर, जो आमतौर पर सोने के विपरीत दिशा में चलता है, लगातार दूसरे सप्ताह गिरा है जबकि पिछले सप्ताह इसमें 1.4 प्रतिशत की गिरावट हुई है। फेड मिनट्स के मुताबिक आगे दो बार ब्याज दर वृद्धि के बाद अर्थव्यवस्था पर इसके प्रभाव का विश्लेषण किया जायेगा, जिसमे माना जा रहा है की महामारी के दौरान आक्रामक मौद्रिक नीति अर्थव्यवस्था को क्षति पंहुचा सकता है।
जिससे कीमती धातुओं के भाव को निचले स्तरों से सपोर्ट मिलने लगा है। अमेरिकी ट्रेजरी की पैदावार कम हो गई है, बेंचमार्क 10-वर्षीय नोट छह सप्ताह के निचले स्तर पर पहुंच गया है। मुद्रास्फीति का डर अभी दूर नहीं हो रहा है, जबकि आर्थिक आंकड़े और कॉर्पोरेट घोषणाएं धीमी आर्थिक विकास की ओर इशारा करती हैं। अमेरिकी जीडीपी -1.5 प्रतिशत तक गिर गया, जबकि यह -1.3 प्रतिशत पहले पूर्वानुमानित था।
पेंडिंग होम सेल्स का डेटा पिछले महीने के -1.6 प्रतिशत से कम हो कर -3.9 प्रतिशत तक घट गया। हालांकि, पिछले सप्ताह बेरोजगारी के दावे मजबूत रहे।
पिछले सप्ताह जापान से जारी मुद्रास्फीति के आकड़ो में बढ़ोतरी दर्ज की गई है जिससे कीमती धातुओं के भाव तेज़ हुए है।
सोने और चांदी के भाव में इस सप्ताह तेज़ी जारी रहने की सम्भावना है। सोने में 50500 रुपये पर सपोर्ट है और 51500 पर प्रतिरोध है। चांदी में 61400 रुपये पर सपोर्ट और 63500 रुपये पर प्रतिरोध है।
Gold has always been a popular investment option for investors. The yellow metal has been used as a store of wealth and a medium of exchange throughout history.
However, in the past few years, there has been a global surge in gold prices due to the global economic slowdown and rising inflation.
With the increase in gold prices, investors are now looking at investing in gold as an investment option. This has increased demand for gold-related products, including gold ETFs and gold mutual funds.
These products provide an easy way to invest in gold without taking possession of physical gold.
In this blog, we will discuss taxation on different types of gold investments like physical gold, digital gold, paper gold, and Gold derivatives.
Get the detailed information about Tax on Gold Investment Call us at 0120 4400700
If you want to buy physical gold, then there are several options. You can choose between bars and coins, which are available in a wide range of sizes and weights. There is also jewellery, which can be bought directly from the manufacturer or a jeweler.
Another way to invest in gold is through digital options like exchange-traded funds (ETFs). These are typically traded on stock exchanges just like stocks, bonds, and mutual funds but instead, represent shares in physical assets such as oil or gold bullion stored in vaults somewhere else in the world.
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Derivative contracts are agreements between two parties to purchase or sell something at a future date for an agreed-upon price.
Derivative contracts are used to hedge risk and speculate on future prices by buying or selling gold contracts before they expire.
The most common type of derivative contract is paper gold. Paper gold refers to trading on futures exchanges without taking possession of gold itself.
Paper gold also includes options that give buyers or sellers the ability to buy or sell futures contracts at a specified price within a specified period of time.
Any individual who sells physical gold will be subject to a 20% tax rate and 4% cess on LTCG(Long-term capital gain).
If you sell gold within three years of buying it, it is considered short-term; if sold after three years, it is considered long-term.
Know more about Strategies to Invest in Commodity Trading
If you sell your digital gold after holding it for less than three years, then you will be taxed at applicable income tax slab rates. However, if you hold your digital gold for more than three years, then long-term capital gains tax is applicable on selling it at 20.8% (including cess) with the indexation benefit.
The easiest way is by buying shares of an exchange-traded fund (ETF) which tracks some measure of gold prices, such as GLD or GDXJ.
But these ETFs don't always track real physical gold and may use futures contracts instead, which may not always be liquid enough to trade easily.
In India, the taxation of derivative contracts is quite a complicated process. It involves several aspects such as capital gains tax, dividend distribution tax, and income tax.
When a company's annual revenue is less than Rs 2 crore, 6% of the profits are taxed. Taxation on derivatives contracts can be claimed as company income, lowering the tax burden associated with such transactions.
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Long-term capital gains taxes are 20% + 4% less if you buy gold through mutual funds or ETFs.
If you buy physical gold and then sell it, you will have to pay long-term capital gains tax on the profit. The long-term capital gains tax rate is 20% + 4% less if you buy gold through mutual funds or ETFs.
However, if you sell the physical gold after holding it for more than one year, that transaction would be considered a long-term capital gain and taxed at 20%.
Gold is considered to be the most valuable commodity in terms of its weight, purity, and durability.
The value of gold has been recognized since ancient times, which is why it has always been considered a storehouse of value by people from all over the world. Several countries have allowed their citizens to invest in gold as a way to save for the future.
अमेरिकी फेडरल रिजर्व की सख्त नीतियों के कारण डॉलर के मजबूत होने से सोने और चांदी के भाव तीन महीने के निचले स्तर के करीब आ गए है। डॉलर 20 साल के उच्चतम स्तर पर पहुंच गया है। निवेशक मंदी को लेकर चिंतित हैं इसलिए मुद्रा को बढ़ावा देने वाली नीतियों को अपना रहे है जिससे कीमती धातुओं के साथ शेयर बाज़ारो में भी गिरावट देखी गई है।
फेड चेयर जेरोम पॉवेल ने स्थिर कीमतों को अर्थव्यवस्था का "आधार" बताया है, साथ ही गुरुवार को हुई स्पीच में कहा कि मुद्रास्फीति को शांत करने के लिए केंद्रीय बैंक की लड़ाई में "कुछ दर्द शामिल रहेगा" क्योंकि उच्च ब्याज दरे सभी को प्रभावित कर सकती है। उनके मुताबिक मुद्रास्फीति का लगातार बढ़ना, ब्याज दर में वृद्धि से ज्यादा घातक होगा।
आर्थिक आकड़ो में, गुरुवार को जारी अमेरिकी मुद्रास्फीति अनुमान से बढ़कर 8.3 प्रतिशत रही जबकि चीन में भी मुद्रास्फीति और पीपीआई के आकड़ो में बढ़ोतरी रही है। भारत में मुद्रास्फीति साल-दर-साल अप्रैल में बढ़कर 7.79 प्रतिशत हो गई है जो पिछले माह 6.95 प्रतिशत पर थी। कीमतों में लगातार बढ़ोतरी प्रमुख केंद्रीय बैंको पर ब्याज दर वृद्धि का दबाव बढ़ा रहा है।
हालांकि, गुरुवार को जारी अमेरिकी प्रोड्यूसर प्राइस इंडेक्स (पीपीआई) ने अप्रैल में महीने-दर-महीने 0.5 प्रतिशत की वृद्धि दिखाई, जो मार्च में 1.6 प्रतिशत की वृद्धि की तुलना में धीमी है, लेकिन ऊर्जा उत्पादों की बढ़ती लागत का दबाव थोड़ा कम रहने से पीपीआई आकड़ो में कमी दर्ज की गई है। बढ़ती हुई मुद्रास्फीति का मुख्य कारण महामारी और युद्ध है। फेड चेयर जेरोम पॉवेल ने जून और जुलाई में 0.50 प्रतिशत की ब्याज दर वृद्धि के संकेत दिए है।
जिससे सोने और चांदी की कीमतों में लगातार दबाव बना हुआ है। घरेलु वायदा सोने के भाव पिछले सप्ताह 2.5 प्रतिशत और चांदी के भाव 6 प्रतिशत टूट गए है। जिससे सोना 50000 रुपये प्रति दस ग्राम और चांदी 58800 रूपये प्रति किलो के निचले स्तरों पर कारोबार कर रही है।
सोने और चांदी के भाव में इस सप्ताह फेड चेयर जेरोम पॉवेल के बयान होने से, भाव दबाव में रह सकते है। सोने में 49500 रुपये पर सपोर्ट है और 51000 पर प्रतिरोध है। चांदी में 56000 रुपये पर सपोर्ट और 60500 रुपये पर प्रतिरोध है।
Nowadays, everyone is looking for better returns. But the higher the return, the higher the risk. This is where low-risk investment options in India come into play.
If you are an investor who prefers safety to risk, then you are probably interested in low-risk investments.
The challenge with low-risk investments is that they don't offer super returns. They mostly guarantee capital preservation and a modest rate of return.
One way to maximize your income while minimizing risk is to diversify your investments across different asset classes. Here's a list of some of the most popular low-risk investment options in India.
Get the detailed Information about low-risk investments in India - call us at 0120 4400700
Public Provident Fund (PPF) is a long-term investment and savings instrument that is backed by the Government of India.
It offers an attractive rate of interest and returns are fully exempted from tax. It can be opened at any post office or designated branch of public sector banks in India. PPF accounts can now also be opened online.
Tenure - 15 Years
Objective - Long-term Investment Goals
Tax on returns - Nil
Interest rate - 7.9 percent
Tax on investments Nil up to Rs 1.5 lakh under Section 80C of Income Tax Act, 1961
Also Read - PPF Vs Mutual Fund SIP: Which Investment Instrument Gives You Better Returns
The Reserve Bank of India (RBI) Bond is the most popular low-risk investment option in India. It offers tax benefits under Section 80C and the interest earned is taxable as per your income tax slab rate.
If you choose to invest in RBI Bonds, here are a few things you need to know:
Eligibility for investment: You should be an Indian citizen above the age of 18 years.
Max amount allowed for investment: You can only invest up to 10 lakhs in these bonds.
Rate of interest: 7.75 per cent, payable annually.
Investing in mutual funds is a low-risk, high-return investment avenue. They invest in both equity and debt instruments, thereby generating returns for investors by offering them a steady stream of income and capital appreciation.
Mutual funds are managed by professional fund managers who invest an investor’s hard-earned money in different types of securities like stocks, bonds, and gold to earn a higher return on investment.
In the past 10 years, the average return generated by mutual funds was 12 per cent annually.
Though the returns vary depending on the asset class you choose. In equity mutual funds, the returns may be higher or lower than the average depending on the fund category you have chosen. Consult with our experts about investing in Mutual Funds
Gold has always been perceived as one of the safest investment options. It is also considered to be a hedge against inflation.
But gold in physical form does not generate any income and requires safe storage facilities. Also, there are security-related problems involved in storing gold at home.
However, if you invest in gold exchange-traded funds (ETFs) instead of buying physical gold, then these problems can be avoided. Gold ETFs invest in physical gold and track its price movements.
The only difference between investing in a Gold ETF and investing in physical gold is that the former is more liquid compared to the latter.
As per the latest data available on the website of the Association of Mutual Funds of India (AMFI), the average return generated by Gold ETFs over one year is 21%.
Also Read - Investment in Commodity Trading
Investing in the stock market is risky and requires a lot of research from the investor to understand the fundamentals of investing.
If you want to trade in stocks or invest in equity funds, you need to have your PAN card ready as it is mandatory to trade in equity.
For those who want to invest directly in stocks, it is important to know how much money you want to invest and how long you are willing to wait for your investment to grow.
A Step-Up SIP is an investment option through which the SIP investor can increase the monthly installment of the SIP by a predetermined percentage every year.
The investment amount gets increased every successive year for a specific period of time. Step-UP SIP helps the investors save more money as their income increases with time.
Investors can put more money into the mutual fund scheme and benefit from compounding with such an investment option.
If you are looking for ways to beat inflation and increase your wealth, then a Step-Up SIP might be the right choice for your investment portfolio.
To know more about Step-Up SIPs, feel free to call us at - 0120 4400700
To begin a Step-Up SIP, choose an investment amount you can afford to contribute monthly and continue increasing it by a fixed percentage each year.
For instance, with a SIP of ₹5,000 per month (increasing by 10 per cent every year), you can set aside ₹60,000 over one year;
After one year, the amount increases to ₹5,500 per month (₹5,000 plus 10 percent), you will be able to save ₹66,000 in the second year.
The total investment will be higher than if you were to invest ₹6,000 from the start.
Mutual funds have become a popular investment option because of their benefits. These include the potential to earn higher returns, risk diversification, and professional money management.
However, many people are prone to getting impatient with their investments and making poor decisions in haste. For such investors, step-up SIPs can be an ideal solution.
Inflation is one of the biggest factors that affect your personal finance and long-term investments.
When inflation rises, your expenses will also rise accordingly, which means you will need more money in the future than today to maintain your standard of living or achieve your financial goals.
This is where Step-Up SIPs can help you beat inflation over the long term. Step-up SIPs are good for investors with a high-risk appetite and who want to invest their money in equity funds.
When you invest in an equity fund through SIP, the cost of each SIP installment increases by a specified fixed amount every year (say 10%) until the completion of the investment period (say 10 years). This helps you increase your investment value over time as per inflation rates.
The SIP installment amount increases at a predefined interval, which helps build a corpus to meet future financial goals.
This helps increase the investment value over time and helps investors maintain their lifestyle while investing more. In other words, the investor saves money on the interest rate and tax benefits.
Step-Up SIPs have various advantages over other forms of savings schemes. Firstly, you can make investments in small amounts over regular intervals.
Secondly, investors need not worry about market fluctuations as they regularly invest small amounts of money.
Thirdly, Step-Up SIPs are ideal for meeting future financial goals such as children's education, marriage expenses, and retirement planning.
Rupee cost averaging works in your favor by buying more units when the market is down and less when the market is up. As a result, you end up paying a lesser cost per unit.
As the investment amount increases, you can make the most of compounding and reap big rewards in the long run.
Step Up SIPs are automated and convenient as they are deducted directly from your bank account on a pre-agreed date.
There is no need to prepare cheques, and you don't have to stress about forgetting to make the payment or keeping track of renewal dates.
Your investment in mutual funds/equity-linked savings schemes (ELSS) is exempted under Section 80C of the Income Tax Act up to Rs 1,50,000/-, which reduces your taxable income.
Mutual funds invest in stocks and shares of the market, which gives you better returns than FDs and other fixed-income investments.
Step-Up SIPs offer a great way to increase your investment amount with time. They help you stay invested during market downturns and ensure that you reap the benefits of compounding through long-term investing.
सोने और चांदी के भाव में निचले स्तरों पर कुछ सुधार देखा गया लेकिन कीमती धातुए लगातार तीसरे साप्ताहिक गिरावट की राह पर है। अमेरिकी डॉलर और ट्रेजरी यील्ड दोनों अमेरिकी फेडरल रिजर्व के आक्रामक रुख पर मजबूत बने हुए है। कॉमेक्स वायदा में सोना 1850 डॉलर के निचले स्तरों को छू कर 1880 डॉलर पर कारोबार करता रहा जबकि कॉमेक्स वायदा चांदी में भी कीमतों में गिरावट के बाद भाव 2250 सेंट पर रहे।
घरेलु वायदा बाजार में सोने पिछले सप्ताह 1 प्रतिशत टूट कर 51200 रुपये प्रति दस ग्राम जबकि चांदी 2.6 प्रतिशत टूट कर 62600 रुपये प्रति किलो पर रही है। डॉलर, जो आम तौर पर सोने के विपरीत होता है, पांचवें सप्ताह भी इसमें बढ़त दर्ज की गई है। वही 10 वर्षीय अमेरिकी बांड यील्ड 3 प्रतिशत के ऊपर पहुंच गई है।
40 साल की उचाई पर पहुंची मुद्रास्फीति को नियंत्रित करने के लिए अमेरिकी फेड ने पिछले सप्ताह की बैठक में ब्याज दरों को 0.50 प्रतिशत से बढ़ा कर 0.75 प्रतिशत कर दिया, जो 22 साल में अब तक की सबसे बढ़ी ब्याज दर वृद्धि रही। बाज़ारो में निवेशक आगे चल कर 0.75 प्रतिशत की बढ़ोतरी की उम्मीद कर रहे थे, जबकि ऐसी सम्भावना को फेड प्रमुख जेरोम पॉवेल अस्वीकार किया है जिससे सोने और चांदी के भाव में निचले स्तरों पर कुछ सुधार रहा। इस साल के अंत तक फेड ब्याज दरों को बढ़ाकर 2 से 3 प्रतिशत पर रखेगा।
फेड अपनी 9 ट्रिलियन डॉलर की बैलेंस शीट को भी तेज़ी से कम करेगा। भारतीय रिज़र्व बैंक और बैंक ऑफ़ इंग्लैंड ने भी मुद्रास्फीति को लम्बी अवधी में नियंत्रित करने के लिए ब्याज दरे बढ़ाई है। कच्चे तेल, कोयला और प्राकृतिक गैस की आपूर्ति अभी तक बाधित है और ऊर्जा स्त्रोतों की कीमतों में बढ़ोतरी सोने के भाव को सपोर्ट कर रही है। केंद्रीय बैंको के आक्रामक रुख के चलते ग्लोबल मंदी के संकेतो से दुनिया भर के शेयर बाज़ारो में गिरावट है।
सोने और चांदी के भाव में इस सप्ताह सुधार रह सकता है। सोने में 50300 रुपये पर सपोर्ट है और 51700 पर प्रतिरोध है। चांदी में 61000 रुपये पर सपोर्ट और 64500 रुपये पर प्रतिरोध है।
कीमती धातुओं के भाव में पिछले सप्ताह के शुरुवात में गिरावट रही लेकिन, अक्षय तृतीया से पहले भाव कम होने से इनमे निचले स्तरों से खरीदारी देखने को मिली है। घरेलु बाज़ारो में सस्ते भाव पर मांग रहने के अलावा वैश्विक अर्थव्यवस्था में गिरावट की आशंका से कीमती धातुओं को निचले स्तरों पर सपोर्ट है। ग्लोबल ग्रोथ में कमी की आहट अमेरिका के आर्थिक आकड़ो में दिखाई देने लगी है।
पिछले सप्ताह में अमेरिका से जारी जीडीपी के आंकड़े ने कुछ निवेशकों को सुरक्षित-संपत्ति की ओर आकर्षित किया है। अमेरिकी अग्रिम जीडीपी के आंकड़े 1.1 प्रतिशत अनुमान के विरुद्ध -1.4 प्रतिशत रहे जो वैश्विक विकास में मंदी की ओर संकेत कर रहे है।हालाँकि, सितंबर 2021 के बाद से सोने की सबसे बड़ी मासिक गिरावट देखि गई है क्योंकि अमेरिकी फेडरल रिजर्व द्वारा आगामी बैठक में ब्याज दरों में आक्रामक रूप से वृद्धि की उम्मीद है, बैठक इस सप्ताह 3-4 मई को होने वाली है।
फ़ेड द्वारा ब्याज दर वृद्धि के कारण कीमती धातुओं में बने दबाव, कमजोर अमेरिकी जीडीपी आकड़ो से घटता हुआ दिखाई दे रहा है। फेड नीति निर्माता 2022 में ब्याज दरों में वृद्धि की गति को तेज करने की योजनाओं को बना रहे हैं। हालांकि, आर्थिक मंदी से बचने के लिए यह गति कितनी तेज होनी चाहिए, इस पर अभी तक सहमति नहीं बन पाई है। डॉलर, जो आमतौर पर सोने के विपरीत होता है, पिछले सत्रों के दौरान विरोधी मुद्राओं के मुकाबले 20 साल के उच्च स्तर पर पहुंच गया है, जिससे ऊपरी स्तरों पर कीमती धातुओं के भाव में दबाव है।
इस सप्ताह अमेरिका से जारी होने वाले आर्थिक आंकड़े कीमती धातुओं के भाव पर असर डालेंगे जिनमे, सोमवार को आईएसएम मैन्युफैक्चरिंग पीएमआई, मंगलवार को जोल्ट्स जॉब ओपेनिंग, बुधवार को फ़ेडरल रिज़र्व की बैठक, एडीपी नॉन फार्म एम्प्लॉयमेंट चेंज, गुरुवार को ब्रिटैन की मौद्रिक नीति और शुक्रवार को अमेरिकी पैरोल के आंकड़े महत्वपूर्ण है।
सोने और चांदी के भाव में इस सप्ताह सुधार आने की सम्भावना है। सोने में 50800 रुपये पर सपोर्ट है और 52300 पर प्रतिरोध है। चांदी में 63500 रुपये पर सपोर्ट और 66500 रुपये पर प्रतिरोध है।
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