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What Is Me-Gold?

Tuesday, October 24, 2017, 11:11 AM

After digital wallet company Paytm introduced digital gold and sold a quantum amount of gold on its platform, the broking house biggie, Motilal Oswal has come up with Me-Gold which is an investment in gold through an online format. In the scheme, gold shall be sold by MMTC-PAMP. Retail investors can book in the Me-Gold with a minimum sum of Rs.500 and in multiple of Re.1 thereafter.
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Why gold is not a good investment

Thursday, June 29, 2017, 2:55 PM

The reason why gold cannot be an investment is that it belongs to a class of investments that will never produce anything. Any growth in its value depends entirely on the belief that someone else will pay more for it eventually. Gold is an unproductive-asset. Unlike shares or bonds or deposits, money that you invest in it doesn't contribute to any kind of economic-growth.
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What to look for in hallmarked gold?

Friday, May 5, 2017, 10:20 AM

Hallmarked gold features the following details including the BIS logo, logo of the retailer, logo of the assaying centre, purity level and year of certification. An hallmarked gold is available in purity of 23 carat, 22 carat, 21 carat and 18 carat. The purity of gold is nothing but the total percentage of gold in the metal. 24 carat gold is 100% pure.

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