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Ghana is delaying the sale of $750 million of shares in a gold mining fund as the government reviews the rules around royalty payments processes
This is Advertising Gold :) Brands as people is the best strategy for social.
Gold Is a `No Brainer,' Rosenberg Says
CEEMarketWatch - Government grants local firm Takoradi Gold mining lease: - Takoradi Gold to develop underground gold mine with annual capacity of 165,000 tonnes of ore - Company expects to pay USD 59mn in corporate tax and royalties annually over…
JP Morgan (1912): "Only gold is money. Everything else is credit."
Putting on the cap of a customer, one would have to make a choice from two alternatives - A) 6 Month Gold Loan 22-24% w/o any recourse to the asset in case shit hits the roof B) 6 Month MFin Loan w/o any collateral and an option value of the Government bailing you out
Gold prices rise Rs 54 to Rs 40,807 per 10 grams in Delhi; while silver falls Rs 56 to Rs 47,804 per kg.
#CommodityEveningUpdate | #Gold falls; #CrudeOil prices slide
#MCopinion | Though the implementation is slated for Jan 2021, it's uncertain how the govt is prepared for infrastructure & logistics challenges. It is unclear how this disruption will affect jewellers or benefit consumers, says Arjun Raghavendra M. #Gold
*Query* Top Indian equities overpriced, trust issues with smaller firms, fixed-income unattractive with low yields & prospects of high inflation makes it even more unattractive. Where to put money: 1. Gold 2. Start-ups 3. Global equity through ETF’s 4. Trade currencies 5. SIP
Sources tell @TimsyJaipuria that GoM meet on e-Way Bill for gold & precious stones remained inconclusive. Here's more