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Gold prices were steady in early Asian trading on Tuesday, capping an exceptional year with over a 26% increase due to central bank purchases, easing monetary policies, and geopolitical tensions. U.S. gold futures saw a slight gain, while silver remained stable, and platinum and palladium edged lower.
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The Indian market's high valuations have been supported by the price-agonistic buying behaviour of domestic non-institutional investors that remain extremely confident of making high returns at all price points.
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SIPs have been a convenient way for retail investors to put small amounts into mutual fund schemes every month. Of this, 90-95% went into equity-oriented funds. The numbers speak about their popularity.
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