Why Should You Buy Gold ?

Today’s Daily Byte

The end of the month—finally! Quite an eventful month where we had some sharp drawdowns at the beginning due to the Yen carry trade fiasco. Then, of course, a recovery from that bottom all the way to new highs, with the market stabilizing very near new highs now. It’s been a good month of gains for equities and a great close to the month today.

The Big Nifty 500 Myth Busted is Today’s Story.

We’ll talk about how the weightages in the big Nifty 500, CNX 500, are—well, you might think of Nifty 500 as a well-diversified index, representative of the top 500 stocks. But today’s data is going to shake you up.

Reading Time : 4 Minutes

Why Should You Buy Gold ?

Recent research has revealed that central banks around the world are buying gold at an unprecedented pace. Looking at data from the past 50 years, this trend is particularly striking. In the years from 1970 to 1990, central banks were selling more gold than they were buying. This continued for another decade, from around 1987 to 2008, when many countries like Canada and the UK sold off nearly all their gold reserves. This massive selling spree kept gold prices low for a long time.

Lets study Gold Prices: A Roller Coaster Ride. . . . .

Reading Time : 4 Minutes

Decades can happen in months sometimes

Imagine a stock that stays within a limited range for ten years. Investors who put their money into it might start to feel bored or frustrated. During this time, the stock doesn’t seem to perform, even when other stocks are rallying during a bull run.

The stock’s performance remains flat, and it’s easy to lose hope. Many investors might decide that this stock is “no good” and choose to ignore it.. . . .

Reading Time : 3 Minutes