Best ways to invest in Gold in 2023

Read on to know more about the factors affecting gold prices in India

Oil falls amid risk-off mood and doubts of further OPEC curbs

<ul><li>The global benchmark traded near $76 a barrel, after a key gauge of Chinese stocks reflected economic sluggishness, overshadowing progress in the US toward a debt-ceiling agreement.</li></ul>

Gold falls by ₹90, silver declines ₹350; check rates here

<ul><li>In the overseas markets, both gold and silver were quoting lower at USD 1,939 per ounce and USD 23.05 per ounce, respectively.</li></ul>

Rupee falls 7 paise to close at 82.70 against US dollar

<ul><li>At the interbank foreign exchange market, the local unit opened flat at 82.63 against the US dollar and hit the lowest level of 82.79. It finally settled at 82.71 (provisional), registering a fall of 8 paise over its previous close.</li></ul>

Market Wrap: Sensex, Nifty extend rally for 4th day in FII inflows

<ul><li>The 30-share BSE Sensex climbed 122.75 points or 0.20 per cent to settle at 62,969.13. During the day, it jumped 189.74 points or 0.30 per cent to 63,036.12. The NSE Nifty advanced 35.20 points or 0.19 per cent to end at 18,633.85.</li></ul>

13 out of 15 Nifty Auto companies delivered growth in net profit in March quarter; details here

Tata Motors achieved record revenue, posting a net profit of ₹5,408 crore in Q4. Maruti Suzuki's consolidated net profit jumped by 42% YoY, while Mahindra &amp; Mahindra reported an 18% increase in profit.

Why is self-reliance important for the defence sector? MintGenie explains

India has initiated several measures, such as the 'Make in India' campaign, private sector participation in defence and R&amp;D, in order to achieve self-reliance in defence and unlock multi-decadal growth opportunities for the country.

Nifty FMCG is the best-performing sector of 2023 so far; will this trend continue?

The Nifty FMCG index has jumped over 15 percent in 2023 YTD versus a 3 percent rise in benchmark Nifty. Going ahead, most experts believe that the positive trend in the sector is likely to continue. Let's see what various analysts say about the sector's outlook as well as a look at their top picks.

Jubilant Pharmova tanks over 11% on weak March quarter results, new USFDA observation

The stock lost as much as 11.2 percent to its day's low of ₹318.50. It is now down 33 percent from its 52-week high of ₹423.55, hit on December 9, 2022.

Up 34% since April, 324% in 3 years but MOSL downgrades AU SFB; here's why

The stock jumped nearly 17 percent just in May till date following a 15 percent rise in April. Meanwhile, from its COVID low of ₹183, hit in May 2020, the stock has given multibagger returns, soaring 324 percent till date.

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Best ways to invest in Gold in 2023

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