06 June 2019
Getting Your Investments Right
Julie, Navi Mumbai
What is the trend of Gold Recycling in the last five years?
Jewellers report up to a 15 per cent increase in transactions involving exchange of old gold, attribute shift to a jump in metal price.
The quantum of recycled gold in the system is on the rise in India on account of an increase in gold prices and some players ensuring transparency in evaluation and pricing, said jewellers and gold loan companies.
This trend is also helping curb imports, thus saving foreign exchange. India is the second-largest consumer of gold and the largest importer of the yellow metal, importing about 700-800 tonne annually.
Rachit Chawla, Founder and CEO, Finway
Harsh Gupta, New Delhi
I need some investment advice. Please suggest how can I plan some of my monthly investments and lump sum also.
You should invest according to your goals. For short-term goals, invest in short term...