Where is gold headed after Donald Trump victory, Narendra Modi’s phasing out of Rs 500, Rs 1000 notes

Where is gold headed after Donald Trump victory, Narendra Modi’s phasing out of Rs 500, Rs 1000 notes

Big action in Gold on two big back-to-back events Donald Trump’s election as the next US President and the Narendra Modi led Indian government’s move to phase out existing Rs 500 and Rs 1000 notes as part of a crackdown on black money.In the domestic market gold was up intra-day by Rs 1017 or 3.29 per cent and trading at Rs 30,897 per 10 grams, while in the international market it was trading up 0.38 per cent at $ 1314 an ounce. It had risen to $1337.40. Experts believe that…

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Markets saw THREE YEARS OF THE MODI RALLY – How much did you make?

Markets saw THREE YEARS OF THE MODI RALLY – How much did you make?

Narendra Modi’s annointment as the PM candidate in September 2013 led the markets to a bull run that has added 9,000 points to the Sensex in three years. Here’s how the different segments and sectors performed. Three years ago, the markets were in a comatose state due to policy paralysis and worsening macro economic fundamentals. The Sensex was struggling below 20,000 and the Nifty at 5,800 levels. The mood changed after Narendra Modi was named the prime ministerial candidate by the BJP on 13 September 2013. In the following weeks,…

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