News

We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY2 Says Mr. Colin Shah, MD, Kama Jewelry Below is a quote from Mr. Colin Shah, MD, Kama Jewelry on gold prices  We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY24, offering a secure avenue for investors seeking exposure to gold. The first series was issued on June 19 at Rs 5,926 per gram. We expect the second issue, 2023-24 Series II, which will be issued between September 11 and 15, 2023 to be issued at a slightly lower rate. Gold is expected to outperform most asset classes ...
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY2 Says Mr. Colin Shah, MD, Kama Jewelry
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY2 Says Mr. Colin Shah, MD, Kama Jewelry
Source: PR Agency
9/09/2023 2:27:03 PM
Gold prices are trading on a weak note, domestically the prices have fallen below the Rs 60,000/10gm mark Says Mr. Colin Shah,Kama Jewelry  Below is a quote from Mr. Colin Shah, MD, Kama Jewelry on gold prices  ‘Gold prices are trading on a weak note, domestically the prices have fallen below the Rs 60,000/10gm mark. Internationally, the prices have slipped below the $2,000/oz mark. A hawkish comment from one of the US Fed officials on a likely rate hike in CY23 has led to a strengthening in the US dollar. Gold is a global commodity, valued in USD and a rise in the USD makes buying gold dearer. Also, the ...
Gold prices are trading on a weak note, domestically the prices have fallen below the Rs 60,000/10gm mark Says Mr. Colin Shah,Kama Jewelry
Gold prices are trading on a weak note, domestically the prices have fallen below the Rs 60,000/10gm mark Says Mr. Colin Shah,Kama Jewelry
Source: PR Agency
23/05/2023 5:48:07 PM
Gold prices have rallied nearly to record highs Says Mr. Colin Shah, MD, Kama Jewelry Below Perspective On Gold/silver prices at a record high By Mr. Colin Shah, MD, Kama Jewelry   “Gold prices have rallied nearly to record highs. Domestically, it has touched Rs 61,498/10 gm, with silver at Rs 77,500/kg. Internationally too, the precious metals are trading at record highs, with gold hitting $2080 and silver at $26, respectively. The rally in the prices of precious metals is largely due to the developments in the US-Fed meeting, the debt ceiling,...
Gold prices have rallied nearly to record highs Says Mr. Colin Shah, MD, Kama Jewelry
Gold prices have rallied nearly to record highs Says Mr. Colin Shah, MD, Kama Jewelry
Source: PR Agency
4/05/2023 5:08:58 PM
Gold at record high, to give investors 10-15% returns in FY24: Experts Gold on Thursday hit record high of Rs.61,498/10 grams and is expected to go up further to give 10-15 per cent returns in FY24 for investors, said experts. "Gold prices have rallied nearly to record highs. Domestically, it has touched Rs 61,498/10 gm, with silver at Rs 77,500/kg. Internationally too, the precious metals are trading at record highs, with gold hitting $2,080 and silver at $26, respectively," said Colin Shah, MD, Kama Jewellery. "The rally in the prices of p...
Gold at record high, to give investors 10-15% returns in FY24: Experts
Gold at record high, to give investors 10-15% returns in FY24: Experts
Source: IANS
4/05/2023 2:22:36 PM
Gold prices have witnessed highs in the recent past Says Mr. Colin Shah, MD, Kama Jewelry Below Perspective On Gold Demand During Akshaya Tritiya By Mr. Colin Shah, MD, Kama Jewelry After a dull-performance during the two years of pandemic, the sheen is back to the gold industry. Gold prices have witnessed highs in the recent past. Traditionally, Indian households have showcased strong appetite when it comes to buying gold. The marginal rise in current domestic gold demand is expected to be driven by the festive fervour of Akshaya Tritiya. However, overall during this...
Gold prices have witnessed highs in the recent past Says Mr. Colin Shah, MD, Kama Jewelry
Gold prices have witnessed highs in the recent past Says Mr. Colin Shah, MD, Kama Jewelry
Source: PR Agency
20/04/2023 4:08:39 PM
Gold prices have risen almost 7-8% in the past month Says Mr. Colin Shah, MD, Kama Jewelry Perspective On Gold prices hitting Rs 60,000/10gm level by Mr. Colin Shah, MD, Kama Jewelry  “Gold prices have risen almost 7-8% in the past month. The rally in the yellow metal is primarily due to the banking crisis in the west. The liquidity infused by the central banks and the expectations of lower to no rate hikes is pushing gold prices up. Gold is a safe haven, historically it has gained in periods of uncertainty.  Gold prices hitting a fresh high is a sign of ...
Gold prices have risen almost 7-8% in the past month Says Mr. Colin Shah, MD, Kama Jewelry
Gold prices have risen almost 7-8% in the past month Says Mr. Colin Shah, MD, Kama Jewelry
Source: PR Agency
20/03/2023 4:14:49 PM
Domestically MCX Gold too is trading at a 1-month low level Says Mr. Colin Shah, MD, Kama Jewelry Perspective On Gold prices hitting a 1-month low by Mr. Colin Shah, MD, Kama Jewelry  The price of the yellow metal has hit a 1-month low of $1835. The immediate fall in the price of gold is the result of the economic data in the US. The PPI data - a key inflation metric rose in January (MoM). This has led to concerns about Fed introducing more extensive rate hikes to control inflation. The data also pushed the Dollar index towards the 104 level, a higher dollar makes gold buying...
Domestically MCX Gold too is trading at a 1-month low level Says Mr. Colin Shah, MD, Kama Jewelry
Domestically MCX Gold too is trading at a 1-month low level Says Mr. Colin Shah, MD, Kama Jewelry
Source: PR Agency
17/02/2023 7:48:37 PM
The industry is pinning its hope on the forthcoming Budget to push exports Says Mr. Colin Shah,Kama Jewelry Perspective on Budget 2023- 24 Wishlist by Mr. Colin Shah, Founder & MD, Kama Jewelry “The industry is pinning its hope on the forthcoming Budget to push exports and generate jobs in the sector. Customs duty cut on gold and a progressive repair policy for jewelry will help the sector immensely.   Above views are of the author and not of the website kindly read disclaimer
The industry is pinning its hope on the forthcoming Budget to push exports Says Mr. Colin Shah,Kama Jewelry
The industry is pinning its hope on the forthcoming Budget to push exports Says Mr. Colin Shah,Kama Jewelry
Source: PR Agency
2/01/2023 3:22:00 PM
Indian entities can hedge gold price risk at IFSC: RBI Indian entities can hedge their exposure to gold price risk in overseas markets on recognised exchanges in the International Financial Services Centre (IFSC), Gujarat, said RBI Governor Shaktikanta Das on Wednesday. Announcing the Monetary Policy Committee's (MPC) decision to increase the repo rate by 35 basis points, Das said: "Resident entities in India are currently not permitted to hedge their exposure to gold price risk in overseas markets." "With a view to provi...
Indian entities can hedge gold price risk at IFSC: RBI
Indian entities can hedge gold price risk at IFSC: RBI
Source: IANS
7/12/2022 3:07:26 PM
The RBI`s approval to hedge gold at IFSC is a positive move Says Mr. Colin Shah,Kama Jewelry Below View On RBI allowing hedging of gold at IFSC by Mr. Colin Shah, Founder & MD, Kama Jewelry The RBI’s approval to hedge gold at IFSC is a positive move and a major enabler for gold importers and exporters using yellow metal as the primary raw material for production. This will help increase the price competitiveness of the Indian jewellery industry. It will help players hedge their positions against price fluctuations and unfavourable currency movement. This wil...
The RBI`s approval to hedge gold at IFSC is a positive move Says Mr. Colin Shah,Kama Jewelry
The RBI`s approval to hedge gold at IFSC is a positive move Says Mr. Colin Shah,Kama Jewelry
Source: PR Agency
7/12/2022 3:00:36 PM
Gold price picked up in November, stays attractive in December: Experts Gold will be attractive one this month with the increase in global prices in recent times, said experts in their outlook for the yellow metal. "Gold has picked up in price action massively, rising by nearly $60 /oz in the last two weeks alone to trade around $1800 levels. The rise in prices is largely due to the dovish commentary by the Fed on its monetary policy," said Colin Shah, Founder & MD, Kama Jewelry. According to Shah, the metal looks set to extend recent gains, d...
Gold price picked up in November, stays attractive in December: Experts
Gold price picked up in November, stays attractive in December: Experts
Source: IANS
3/12/2022 9:46:44 AM
Quote On Gold ; Gold has picked up in price action massively, rising by nearly $60/oz in the last two weeks Says Mr. Colin Shah,Kama Jewelry Below Quote On Gold December 2022 by Mr. Colin Shah, Founder & MD, Kama Jewelry Gold has picked up in price action massively, rising by nearly $60/oz in the last two weeks alone to trade around $1800 levels. The rise in prices is largely due to the dovish commentary by the Fed on its monetary policy. Looking ahead to the month of December, the metal looks set to extend recent gains, due to a combination of softer inflation prints, weaker economic data points, and...
Quote On Gold ; Gold has picked up in price action massively, rising by nearly $60/oz in the last two weeks Says Mr. Colin Shah,Kama Jewelry
Quote On Gold ; Gold has picked up in price action massively, rising by nearly $60/oz in the last two weeks Says Mr. Colin Shah,Kama Jewelry
Source: PR Agency
2/12/2022 4:03:24 PM