Gold buying on Akshaya Tritiya by Mr. Nish Bhatt, CEO & founder, Millwood Kane International.
The love for the yellow metal among
Indians is no secret, and buying gold on Akshaya Tritiya is considered
auspicious. But this time around gold buying may get affected due to the
outbreak of the second wave of COVID in cities in India. It is advisable for
investors and gold buyers to not venture out during these times and opt for
digital/paper gold instead of physical gold.
 |
| Mr. Nish Bhatt, CEO & founder, Millwood Kane International. |
Gold prices are on an up move,
helped by the weak jobs data, softness in the USD, a broader view that the
interest rates will be low in the US for a long time. Gold prices are trading
near a 3-month high in international markets, domestically gold prices are
hovering near the Rs 48,000/10 gm level. The vaccination drive, control over
the number of cases, and lockdowns internationally coupled with the movement of
the USD will drive prices of gold moving forward.”
About Millwood Kane International:
With a 25+ year strong legacy,
Millwood Kane International is an investment consulting firm with real estate
at its core. They are committed towards delivering strong returns, providing
enhanced value through efficiencies that are achieved through a holistic and
tailored approach. With in-depth knowledge, a diverse culture and insights into
various industries and markets, MKI clients benefit from unique and creative
cross-border opportunities. Millwood Kane International has cultivated global
partners and resources allowing individuals and corporations a route to Europe,
Africa and the Middle East through using Cyprus as a hub, reaping the benefits
of a more efficient tax environment, whilst enjoying one of the best lifestyles
in the world.
No comments:
Post a Comment