Gold and Emerging Markets

Today’s Daily Byte

The 22 October, a day which a lot of folks will remember. There was blood shedding on the Indian markets. Markets were weak from the very start and through the day remained weak. The essential pattern that this head and shoulders pattern that we have been talking about for the last few days has gotten broken. There seems to be right now no support available in the market immediately.

Today’s topic of discussion is, is it the end of the dollar regime? We have been talking about the end of the dollar regime for the last many decades, and somehow it just continues to carry on. But a very important meet is happening today, and that is going to take some, at least more steps towards de-dollarization of the world.

Reading Time : 4 Minutes

Insurance and Investment don’t go together.

Recently, there has been a detailed look into how Indian households invest their savings. The data shows a clear picture of where most of the money goes and how people are dividing their investments across various assets. It highlights the financial habits of the country and gives insight into areas where changes may happen in the coming years.

According to the latest figures, real estate takes up the largest portion of household savings in India. About 51% of savings go into property. . . . . .

Reading Time : 4 Minutes

Gold and Emerging Markets

In the 21st century, the performance of equity markets and gold has shown some interesting trends, especially in emerging markets. By comparing the returns in local currencies, we can see how different markets have performed in both these asset classes. While many countries have seen gold outperform equities, India stands out as an exception.

When looking at several emerging markets, gold has delivered better returns than equity markets in most of them.

However, India tells a different story. . . . .

Reading Time : 3 Minutes