Walmart and Costco Selling Gold and Silver

Costco Wholesale and Walmart are both starting to sell gold bars.

First, Costco sold gold bars to its members looking to invest in more than bulk household purchases. Now the warehouse retailer is selling silver coins too.

Walmart has also started selling precious metals such as gold and silver in its online store, following in the footsteps of Costco Wholesale.

Against the backdrop of high inflation, gold has become the new favorite of American consumers.

The value of gold and silver is expected to continue to climb in 2024 on expectations that the Federal Reserve will start cutting interest rates.

Gold currently trades at $2255.

Walmart-Costco-Gold

Will Indian supermarkets sell gold? 

Gold has been always been one of the favorite investments for Indians, as evident from the fact that Indian households hold over 21,000 tonnes of gold. Indians prefer to buy gold jewelry and this trend could change if Gold is sold in supermarkets.

There are Gold ETFs and Sovereign Gold Bonds (SGB) as well. Additionally Gold from supermarkets should be exciting for gold investors.

Posted in  on April 02, 2024 by  |  

Tracking Difference in ETFs and Index Funds

 As we all know, an index fund is a type of mutual fund or exchange-traded fund (ETF) with a portfolio constructed to match or track the components of a financial market index, such as the Nifty 50 Index.

Tracking difference is the discrepancy between Index Fund/ ETF performance and index performance.

Below is the ETFs and Index funds with high tracking error. 

ETF Tracking Error


The above tracking error is since inception. ETFs and Index funds are considered to be low cost, but in here in India, the tracking difference are quite high and add to that expense ratio, the total works out to over 1-3% and higher in certain cases.  These ETFs and Index funds are no longer low-cost as one would expect them to be. 
Posted in  on February 25, 2024 by  |  

NSE IINVEST - new Investor Portal

National Stock Exchange (NSE) in collaboration with Cogencis Information Services Ltd has launched Beta version of Investor Portal https://iinvest.cogencis.com  to help investors make informed decisions.

The portal aims to provide an easy-to-use and intuitive interface to navigate seamlessly for seeking information about listed companies. The system will aggregate information from publicly available relevant and reliable sources. 

The portal will also provide investors with a tool to conduct due diligence, track the market performance and screen for information.

NSE IINVEST

Key Features of the portal:

1. Real Time Updates: Up-to-the-minute data in terms of key indices, stock movements, latest news, upcoming IPOs etc. for making informed decisions.

2. User Friendly interface: An intuitive interface that makes navigating the portal seamless, catering to both seasoned investors and those new to the market to engage with the information, charts and graphs, enhancing the overall user experience.

3. Comprehensive Data Sets: Access to a vast array of financial and non-financial datasets such as company information, ownership data, Director/KMP details, financial information, legal dispute data like litigation, charges etc.

4. Analytics tools: Portal designed to empower investors by offering flexibility to access their preferred contents and custom based screeners.