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.

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.

NSE Trading Holidays 2024

Trading holidays for the calendar year 2024. The National Stock Exchange of India (NSE) has notified trading holidays for the calendar year 2024 as below: Muhurat Trading: Timings of Muhurat Trading shall be notified subsequently.

Historical BSE Sensex returns - updated 2013

We have already seen the historical returns of the BSE Sensex, which indicated an average return of about 20% per year, despite many yearly returns varying from -20% to +60%. The following table shows BSE Sensex historical data - open, close and the yearly returns of the sensex from 2000 to 2012. There are some interesting points to note from the above table. Post 2008 crash of about 50% and 2011 negative returns of 24%, markets have given positive returns of 81% and 25%. Also the average returns for the past years is about 20% despite the markets being down 24%. The lesson is pretty much clear - long term investing pays and one need not bother too much about the ups and downs of the markets. During the past few years, the returns from investing in individual stocks have been varied. Despite markets being at 2 year highs, only a few stocks are at similar highs, while most of them are still languishing well below their historical highs and are down anywhere between 8

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