Sensex: 83,239.47 (0.23%)

Nifty: 25,461.00 (0.22%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Commodities Buzz: Gold's long run return has been well over inflation says WGC
17-Oct-2024 18:20
World Gold Council or WGC stated in a latest update that gold's long-run return has been well above inflation for over 50 years, closely mirroring global gross domestic product (GDP), a proxy for the economic expansion driver. WGC calls this approach as Gold Long-Term Expected Return or GLTER ' which uses the distribution of above-ground gold stocks analyzed via different demand categories as a foundation and starting point. The drivers of gold buyers across various demand segments ' jewellery and technology fabrication, central banks, financial investment, retail bars and coins ' are crucially broader and more important than existing theories suggest. In addition, although financial market investors tend to dictate price formation in the short term, they are less dominant in the long term. WGC says that gold price over long horizons is mainly driven by an economic component, proxied by global nominal GDP, coupled with a financial component, proxied by the capitalisation of global stock and bond markets, that balances the overall relationship. Third-party inputs are then used to estimate long-term expected returns for gold, WGC noted.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.