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GOLD1

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--%
1d
1w
1m

Analysis and statistics

  • Open
    82.5826$
  • Previous Close
    83.5303$
  • 52 Week Change
    --
  • Day Range
    -0.95$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

GOLD1.NSE refers to the Nippon India ETF Gold BeES, an exchange-traded fund listed on the National Stock Exchange of India (NSE). This ETF aims to track the performance of gold prices by investing in physical gold, offering investors a convenient and cost-effective way to gain exposure to the gold market without directly purchasing physical gold. It essentially mirrors the returns of gold, minus expenses.
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Factors

Indian gold prices, reflected in GOLD1.NSE ETFs, are influenced by several factors: Global Gold Prices: International gold rates, often quoted in USD, form the base. INR/USD Exchange Rate: A weaker rupee makes imported gold more expensive. Import Duty: Taxes levied on gold imports directly affect the final cost. Demand & Supply: Higher demand in India, especially during festivals, can drive up prices. Interest Rates: Lower interest rates make gold more attractive as an investment. Inflation: Gold is seen as a hedge against inflation, so rising inflation can increase demand. Geopolitical Events: Uncertainty can increase gold's safe-haven appeal.

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