rate of canadian dollar today in india

for the precious metal have remained little change or flat. Gold prices have moved from Rs 10,500 gram before the Lehman Brothers crisis to the current rates of Rs 27,500. Take the simple case of the recent Presidential elections in the United States. For example, when inflation goes higher, so does interest rates. The easing out of the.S. Today there are plenty of people who are willing to buy hypothecated gold.

Of course, if it is the physical form you would barely get the actual cost of the gold, as there would be numerous charges that you would lose on, including the making charges. The fall in crude rates has helped the current account deficit to decline and has eased out the rupee to march up against the strong dollar. On the other hand if prices are low the government might think of hiking prices of the precious metal all over again.

This is a very big determinant in the prices of gold in India. The demand in the country tends to impact rates as well. In all cases it is very important to check for purity of the metal. On the other hand, if your gold value crosses Rs 30 lakhs, you need to pay wealth tax on the same. When inflation goes higher in the US, at such time gold prices fall, as the US Federal Reserve gears up to hike interest rates in the. So, gold and US Bond yields move in different directions. The yellow metal which had previously lost its sheen over the last few months owing to the strong dollar is rising consistently over the last few days after the stock markets witnessed rout. Apart from this the strong.S. The question that often arises is the liqudity in these bonds is very poor and hence you may not be able to sell large us online work from home quantities. . Now, first the important thing is that there is no difference between normal gold rate and hallmarked gold rate. Most of the jewellers are offering a discount to the customers to up the sales during the festive season of Diwali. All in all it may be slightly tough going for gold.