Why Gold allocation matters

Today’s Daily Byte

It was a volatile day in the markets, with fluctuations leading to a close that ultimately ended up.

While we didn’t fall any further, the auto sector faced significant declines. Is this the end of the auto sector bull run? Have auto sector stocks run out of fuel? We will discuss this in the video below

Reading Time : 4 Minutes

Why Gold allocation matters

The S&P 500 is a key index that shows the performance of large U.S. companies. From 1997 to 2016, the S&P 500 had quite a bumpy ride. It started at 750 points and went up to 1,500 before the dot-com bubble burst. This was a huge drop, cutting the index down by 50%.

The market recovered between 2003 and 2008, but then the Global Financial Crisis (GFC) hit, causing another 57% drop. From there, it slowly started climbing again. During this time, the S&P 500 didn’t make much progress overall for more than a decade... . . . .

Reading Time : 3 Minutes

India has solid Forex reserves

India has recently made headlines by reaching $700 billion in foreign exchange (forex) reserves, placing the country fourth in the world, behind China, Japan, and Switzerland. This is a major achievement, as having such high reserves acts as a safeguard in times of global financial instability.

However, the composition of these reserves raises some concerns. India’s reserves are primarily in US dollars, while other countries are starting to move away from the dollar. This situation could have important consequences for India in the future.. . . . .

Reading Time : 3 Minutes