Tag: press-release

United Arab Emirates, September 20: Anantya.ai, a leading provider of conversational AI-powered messaging solutions, is making waves with the upcoming launch of AI reports – a first-of-its-kind feature not only in India but across the entire industry. The AI in Anantya.ai stands for automation; its AI Reports function is a special offering that validates the AI in its brand name.

Anantya.ai actively participates in key industry events to showcase its advancements and connect with potential partners. Its presence at GITEX 2023, a leading technology exhibition, proved to be highly successful. The company focused on demonstrating its conversational AI features powered by generative AI, which empowers businesses to deliver more personalised and natural interactions with their customers.

“These events have been transformative for us,” says Yashika Kothari, Founder of Anantya.ai. “They push us to further innovate and strengthen our position within the industry.”

In addition to GITEX, Anantya.ai made its mark at Meta Tech Provider. This significant event has allowed Anantya.ai to connect with leading minds in the tech industry and showcase their messaging technology capabilities.

Anantya.ai’s journey began in the UAE, since then the company has successfully expanded its operations to over ten countries, including key regions in the Middle East, Africa, and India. This rapid expansion has been accompanied by the development of a robust client base, serving over 200 companies across diverse industries.

The platform has set an ambitious goal to double its client base, reaching over 500 companies by the end of 2024. This projected growth signifies its ability to scale effectively, delivering solutions that resonate with businesses worldwide. Its strategic focus lies in expanding its global reach, fostering strong client relationships, and continuously enhancing its solutions to meet the evolving needs of businesses in today’s market.

Tags: Anantya.ai YashikaKothari AIReports GITEX2023 AIPoweredMessaging

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New Delhi [India] September 19: Ravi Ghai, founder of Graviss Hospitality and Former Chairman of the Stewards Committee at RWITC, has demonstrated his unwavering commitment to Indian sports by supporting two outstanding para-athletes at the Paris 2024 Paralympics – Yogesh Katuniya and Rinku Hooda.

Yogesh Katuniya, competing in the Men’s Discus Throw event, secured a remarkable silver medal, further elevating India’s reputation on the global Paralympic stage. His exceptional performance is a testament to his dedication and hard work. Meanwhile, Rinku Hooda, participating in the Men’s Javelin F46 event, delivered a commendable 5th-place finish, showcasing his relentless determination and grit.

Ravi Ghai’s personal connection to sports goes back to his early years. He began playing sports at the age of five at Welham School and continued through his time at Doon School. While at Doon, he captained the senior athletics team and was also an integral part of the cricket and hockey teams. Despite suffering a severe leg injury at 15, which took a year to recover from, Ghai’s passion for sports remained steadfast. Later, while studying at Cornell University’s School of Hotel Administration, he developed a love for golf, a sport he continues to play regularly.

Having faced his own challenges in sports, Ravi Ghai feels a deep sense of admiration for para-athletes like Yogesh and Rinku, whose resilience and dedication inspire him. His support for these athletes reflects his broader commitment to encouraging excellence in Indian sports and empowering athletes to overcome adversity.

Ravi Ghai continues to play an important role in promoting para-athletics in India, inspiring future generations to strive for greatness.

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New Delhi [India], September 19: Shower cubicles offer a practical and stylish solution for contemporary bathrooms, providing a dedicated showering area that separates the dry area from the wet area. Beyond their functionality, modern shower cubicles enhance the aesthetics of your space, elevating your daily routine.

Hafele’s Sanctus Shower Cubicle Fittings are the perfect balance between premium aesthetics and minimalist design, offering a shower cubicle which is both easy to install and convenient to use. Made up of high-quality Brass and Stainless Steel, these fittings offer unmatched durability, ensuring a pristine elegance that withstands the test of time.

At the core of these fittings is Hafele’s streamlined engineering concept, which delivers a refined and uncluttered look with minimal gaps. Available in the warm, opulent hue of rose gold or the sleek, modern look of black matt, this shower cubicle effortlessly blends with various interior styles, creating a harmonious and inviting space.

Log onto https://www.hafeleindia.com/en/info/service/contact-us/410/ to find the nearest

Hafele showroom or design centre.

Website: https://www.hafeleindia.com/en/

Customer Care Toll Free: 1800 266 6667

Customer Care WhatsApp: +91 97691 11122

Customer Care Email ID:customercare@hafeleindia.com

Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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New Delhi [India], September 18: In the ever-evolving landscape of India’s spice market, SitaVatika is capturing attention for its remarkable commitment to quality and authenticity. The brand is making headlines by setting a new standard with 100% pure spices, free from artificial colors and harmful chemicals.

Setting a New Benchmark

Sita Vatika stands out in a crowded market for its rigorous adherence to purity. Unlike many others, we reject synthetic additives, focusing solely on delivering spices that are genuinely free from artificial enhancements. This dedication to authenticity isn’t just a goal—it’s a guarantee. Our spices contain absolutely no added colors or chemicals, ensuring that what reaches your kitchen is as close to nature as possible. This focus on purity redefines consumer expectations and sets a new benchmark in the spice industry.

Affordable Quality for Every Household

One of the most commendable aspects of SitaVatika is its ability to offer high-quality spices at prices that make them accessible to everyone. Despite the superior quality of our products, like our 100 grams of turmeric powder priced at just ₹39, we ensure that premium, health-conscious spices are within reach for many households. This approach underscores SitaVatika’s mission to enhance everyday cooking without compromising on either quality or affordability.

Premium Packaging That Preserves Freshness

Understanding the importance of freshness, SitaVatika takes extra care in packaging its products. Our spices come in high-quality, resealable zip-lock packets that are designed to lock in the freshness and aroma, keeping the spices as potent as the day they were packed. This means that every time you open a SitaVatika packet, you’re greeted with the same rich, natural flavor that you expect from freshly ground spices.

Innovative Technology Ensures Freshness

Sita Vatika employs advanced “Ever Fresh Technology” to preserve the freshness and flavor of its spices. This technology eliminates artificial preservatives, ensuring each spice retains its authentic taste and aroma. This innovation is a key factor in the brand’s ability to deliver a superior culinary experience.

Rising Customer Satisfaction

Sita Vatika has quickly built a loyal customer base that praises its products for their purity and flavor. Customers have reported a noticeable difference in the taste and quality of their dishes since switching to SitaVatika spices. Customers’ trust in our brand speaks to the consistency and quality we deliver in every packet.

Expanding Product Range

Looking ahead, SitaVatika is set to broaden its product lineup by introducing premium dry fruits and other new offerings. This expansion reflects the brand’s ongoing commitment to providing diverse and high-quality options for its customers.

Commitment to Sustainability

SitaVatika’s dedication to sustainability is evident in its sourcing practices. By partnering with farms that use environmentally friendly methods, the brand supports both ecological balance and ethical production practices.

A New Standard in Spice Excellence

Sita Vatika is making significant strides in the spice industry with its pure, additive-free products and innovative freshness technology. Our commitment to delivering superior quality at affordable prices, combined with our dedication to sustainability, is reshaping how consumers experience and enjoy their spices.

For more information about SitaVatika’s offerings and to stay updated on new product launches, visit their website at – https://sitavatika.com.

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Mumbai (Maharashtra) [India] September 18: Incorporated in November 1988, WOL 3D India Limited provides 3D Printing solutions, which enable easier prototyping and finding applications in various sectors, such as manufacturing, education, engineering, architecture, interior design, fashion design, product design, medical, and dental. The company is poised for its initial public offering (IPO), with plans to raise INR 25.56 crores through the issuance of 17.04 lakh new shares.

For its SME Initial Public Offering (IPO), WOL 3D India Limited has established a price band of Rs. 142 to Rs. 150 per share. The company’s shares will open for subscription on Monday, September 23, 2024 and closes on Wednesday, September 25, 2024. These will be listed on the NSE SME, with a projected listing date of Monday, September 30, 2024.

WOL 3D India Limited’s revenue increased by 70% and profit after tax (PAT) rose by 109% between the financial year ending with March 31, 2024 and March 31, 2023.

Hem Securities Limited is the book running lead manager of the WOL 3D IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for WOL 3D IPO is Hem Finlease.

The issue proceeds will be utilized for repayment in full or in part, of certain of the outstanding borrowings, to meet working capital requirements (including augmentation on Long-Term Working Capital) and general corporate purposes.

On Thursday, September 26, 2024, the shares for the WOL 3D India IPO are anticipated to be allotted, and on Friday, September 27, 2024, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.

Retail investors need to contribute a minimum of Rs 1.5 lakh considering the minimum lot size for an application is 1000 shares. For HNIs, the minimum bidding size is two lots, or 2000 shares, for a total investment of Rs 3 lakh at the upper price band.

The company manufactures 3D filaments for additive manufacturing using ABS and PLA plastics. It offers a range of products at various price points and provides prototyping services using FDM, SLA and SLS technology, including CAD/CAM modeling, reverse engineering and vacuum casting.

Products are largely sold through experience centre at Mumbai branch offices and online through e-commerce platforms such as Flipkart India Private Limited, Jiomart, Firstcry, Indiamart, Snapdeal, Moglix and Amazon Seller Services Private Limited. The company has four branch offices in Delhi, Hyderabad, Bangalore, and Mumbai and five franchise offices in Pune, Chennai, Coimbatore, Rajkot, and Nagarcoil.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

Mumbai (Maharashtra) [India], September 18: In a heartwarming and emotional gesture, Iba Adnan, a 15-year-old student studying in Class IX at Jamia Millia School, has written a poignant poem that captures the depth of a father’s grief after the tragic loss of his daughter. The poem, written for Jaibeer Ahmad, a close friend of Iba’s father, Adnan Safee, Founder and Team Member of Nine Angle Productions, resonates with the profound emotions accompanying such a personal tragedy.

Sharing this deeply touching moment, Adnan Safee expressed his amazement at his daughter’s emotional sensitivity at such a young age. “It amazes me how emotionally aware and sensitive today’s children are. At their age, we were more about play and fun, but it seems they carry a depth that often goes unnoticed,” said Safee. He reflected on the disconnect that modern life and social media often create between parents and their children, reminding us that these younger generations are navigating emotional challenges that might frequently go unnoticed.

The poem  “Bridging the Silent Distance” reflects the sorrow, loss, and hope that Jaibeer Ahmad experiences in the wake of his daughter’s passing. Iba’s words touch on the universal feelings of longing, grief, and remembrance that are felt by all those who have lost a loved one.

A Poem for a Father’s Grief:

In the quietest hour, when the night is still,
A father’s heart breaks against his will.
Her laughter now echoes in the memories’ hall,
A young life gone before it could sprawl.

The sun still rises, the world goes on,
But in his soul, a light is gone.
No words can mend, no time can heal,
The depth of sorrow he’s forced to feel.

He held her close, his precious one,
Now she’s a star; her race is run.
He dreams of her smile, her gentle grace,
And longs for the touch of her sweet face.

Though she’s gone, her spirit stays,
In every sunset, in the morning haze.
She’s in the breeze, the whispered song,
Guiding him as he moves along.

So, dear father, let your tears flow,
For in each drop, her love will grow.
She’s with you now, though out of sight,
A beacon of love in the darkest night.

Her journey was brief, her time too small,
But she left a love that will never fall.
In your heart, she’ll always be,
A cherished soul, forever free.

The poem reflects not only the love between a father and his daughter but also highlights the compassionate depth in today’s youth. Iba’s ability to understand and express such complex emotions is a testament to the empathy that exists within the younger generation, despite the distractions of the digital world.

Adnan Safee hopes this poem will remind parents to take a deeper interest in their children’s emotional well-being beyond just academic success. “We’re so caught up in our own lives that we overlook their feelings. It’s all about studies and marks until standard XII, but we need to make space for a deeper connection with them as parents.”

This powerful tribute from a young student reminds us of the need for compassion, understanding, and emotional connection in times of sorrow and loss.

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New Delhi [India], September 17: In a significant leap forward for healthcare technology, a groundbreaking development in healthcare has emerged from India. Quick Vitals, an AI-powered health monitoring app, is set to revolutionize how Indians track and manage their health, offering a range of vital checks. Developed by Hyderabad-based Bisam Pharmaceuticals Pvt Ltd, this groundbreaking application offers users the convenience of tracking vital health metrics from the comfort of their homes, utilizing their smartphones or tablets.

The Power of AI in Your Pocket

Quick Vitals harnesses the power of Artificial Intelligence (AI) and Deep Learning to provide users with a comprehensive health monitoring solution. The app, available on both iOS and Android platforms, utilises advanced Photoplethysmography (PPG) technology to analyse light absorption changes due to blood volume variations, enabling accurate assessment of vital health indicators in mere seconds.

What sets Quick Vitals apart is its ability to transform ordinary smartphones into personal health monitoring devices. Through sophisticated AI algorithms, the app provides precise readings for vital health indicators such as heart rate, blood pressure, and more, rivalling the accuracy of dedicated medical devices.

Harish Bisam, Founder & Managing Director, explains the motivation behind Quick Vitals. “In India, where access to regular health check-ups can be challenging for many, we saw an opportunity to leverage technology to bridge this gap. Quick Vitals brings professional-grade health monitoring to every smartphone user, empowering individuals to take control of their health proactively,” says Bisam, who was also part of many trade delegations from Australia to India, including government and private organizations.

Comprehensive Health Monitoring at Your Fingertips

Quick Vitals offers an impressive array of health checks, including:

● Haemoglobin check at home

● Blood sugar test

● HbA1c test

● Breathing rate monitoring

● Pulse rate checking

● Blood pressure monitoring

● Heart rate variability (HRV) tracking

The app provides two modes of assessment: Contactless spot checks using the device’s camera and continuous monitoring with PPG sensors. This versatility ensures that users can perform quick health checks on-the-go or opt for more detailed, ongoing monitoring.

Seamless Integration with Healthcare Providers

One of Quick Vitals’ most innovative features is its seamless integration with Doctors Plus, a platform connecting patients with healthcare providers. This integration enhances the patient’s healthcare journey by providing easy access to essential health data. Doctors can now review a patient’s vital signs and health trends over time, leading to more informed diagnoses and personalized treatment plans.

“By bridging the gap between personal health monitoring and professional medical care, Quick Vitals is not just an app – it’s a comprehensive healthcare solution,” Bisam adds.

The Growing Importance of Mobile Health Monitoring

The launch of Quick Vitals comes at a crucial time. The global digital health monitoring devices market is expected to reach $946 billion by 2030, growing at a CAGR of 21% from 2024 to 2030. This growth is driven by increasing smartphone penetration and a rising awareness of preventive healthcare.

In India, where smartphone users are projected to reach 1 billion by 2026, apps like Quick Vitals have the potential to significantly impact public health. The Indian Council of Medical Research (ICMR) reports that 1 in 4 Indians is at risk of dying from non-communicable diseases (NCDs) before the age of 70. Regular monitoring of vital signs, as facilitated by Quick Vitals, can play a crucial role in early detection and management of these conditions. Additionally, remote health monitoring can reduce the burden on healthcare systems, especially in areas with limited access to medical facilities.

Quick Vitals stands out not only for its innovative approach but also for its commitment to accuracy and user privacy. The app is ISO-certified and approved by the Central Drugs Standard Control Organisation (CDSCO), India’s national regulatory body for pharmaceuticals and medical devices.

“We understand the critical nature of health data,” Bisam states. “That’s why we’ve implemented robust cloud registration and adhere to strict Indian data protection standards.”

Empowering Patients and Transforming Healthcare

Quick Vitals represent a significant step towards patient empowerment. By making health monitoring accessible and convenient, the app encourages users to take an active role in managing their health. This shift towards proactive health management has the potential to reduce the burden on healthcare systems and improve overall public health outcomes. Quick Vitals represents a convergence of cutting-edge technology and essential healthcare needs. For a country as vast and diverse as India, with its unique healthcare challenges, Quick Vitals offers a glimpse into a future where every citizen has the tools to monitor and manage their health effectively.

For an affordable price of under Rs 100 per month, you can scan and access the app 24/7, 365 days a year. To download the app, visit here – https://www.quickvitals.ai/aboutqv.php

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New Delhi [India] September 16: The ‘Youth Dharm Sansad-2024’ event, held in Haridwar, witnessed esteemed guests Pavan Sindhi, Acharya Mahamandleshwar Swami Kailashanand Giri Ji Maharaj, Acharya Balkrishna Ji Maharaj, and Acharya Mithilesanandini Sharan Ji Maharaj address the youth.

Prominent figures such as Baba Ramdev, Uttarakhand Chief Minister Pushkar Dhami, Champat Rai, and Sunil Ambekar were also present. Pavan Sindhi emphasized Swami Vivekananda’s principles and vision, encouraging youth to contribute to the nation’s development. Acharya Mahamandleshwar Swami Kailashanand Giri Ji Maharaj stated, “It is our duty to make youth responsible towards the nation.” Acharya Balkrishna Ji Maharaj added, “Our objective is to inspire youth to contribute to the nation’s development.”

Acharya Mithilesanandini Sharan Ji Maharaj said, “Our goal is to provide youth with opportunities to learn about Swami Vivekananda’s principles.”

The youth attentively listened to the distinguished guests and pledged to adopt their ideas. This event will help make youth more responsible towards the nation.

The ‘Youth Dharm Sansad-2024’ event successfully provided a platform for youth to learn about Swami Vivekananda’s principles. We hope this event will bring positive change in the lives of youth and inspire them to play a vital role in the nation’s development.

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Ahmedabad (Gujarat) [India], September 16: Sellwin Traders Ltd and Secorbit FZCO, UAE, have signed an MoU for a $2 million project to develop a blockchain-based tokenisation platform. The platform will enable the tokenisation of equities, bonds, and real-world assets, focusing on scalability, security, and seamless integration with existing financial and blockchain ecosystems. Sellwin Traders Ltd shall develop a comprehensive blockchain-based tokenisation platform over the next 24 months, order which Secorbit FZCO received.

The Board of Directors of the company is scheduled to meet on September 25, 2024, to consider issuing bonus shares and approving a stock split, subject to shareholder and regulatory approval. The board will also review a business proposal focused on potential synergies and forward integration to meet evolving customer needs.

The company has also entered into a Memorandum of Understanding with SDF Productions Pvt Ltd, an agri-export company specializing in spices, pulses, pulp, rice, tea, fruits, and vegetables. Sellwin expects revenue in excess of Rs. 30 crore from the business arrangement with a healthy margins of 35-40%. Under the MoU, Sellwin Traders Ltd will supply agro products to SDF Productions Pvt Ltd, which will then distribute these products to both Indian and international markets based on purchase orders. Sellwin will provide financial support to SDF Productions for procurement from Indian suppliers. Recently, SDF Productions secured several orders for mango pulp, including a USD 259,500 order from Ninety Nine Foodstuff Trading L.L.C, two orders totaling USD 130,200 from Shing Exim General Trading L.L.C, and additional orders from The Springs Foodstuffs Trading Co L.L.C.

Highlights:-

• The company expects over Rs. 30 crore in revenue from its business arrangement with SDF Production for supply of Agro products, with healthy margins of 35-40%.
• SDF Production received multiple export orders for mango pulp for over USD 400,000.
• On July 19, 2024, the Sellwin Board approved acquiring a 51% stake in SDF Productions Pvt. Ltd
• In April 2024, Sellwin agreed to acquire a 66.67% stake in Patel & Patel E-Commerce and Services Pvt Ltd. Sellwin’s investment will fund Patel Container’s new Rs. 45 crore logistics container facility in Bhavnagar, Gujarat.
• On 7 June, 2024 approved the appointment of Mr. Rajendra Naik as the CEO of the company. Subsequently on 17 August, Mr. Pruthvikumar Prajapati is appointed as the CFO of the company.
• For Q1FY25, Revenue reported 66% growth to Rs. 16.6 crore, Net Profit up 104% to Rs. 70 lakh
• Completed a preferential issue allotting 3.17 crore warrants at Rs. 12.95 crore raising Rs. 41.15 crore

On July 19, 2024, the Sellwin Board approved acquiring a 51% stake in SDF Productions Pvt. Ltd. This strategic investment aims to expand Sellwin Traders Ltd’s business through market growth, supply chain integration, and revenue enhancement. SDF, operating in Dubai since 2002, recently expanded to New Mumbai. The company exports local produce, including oranges, turmeric, and jaggery, to Iran and the Middle East, with plans to enter Europe, the UK, and CIS markets, focusing on high-curcumin turmeric.

In April 2024, the company signed a share purchase agreement to acquire a 66.67% stake in Patel & Patel E-Commerce And Services Pvt Ltd. Patel Container signed an MoU at the Vibrant Gujarat Global Summit 2024 to invest Rs. 45 crore in a logistics container manufacturing facility in Bhavnagar, Gujarat. The facility, expected to begin operations in 2025, will create 100 jobs and benefit from Bhavnagar’s strategic location near major ports and trade routes. Investment by Sellwin Traders will be utilized to support the establishment of a new manufacturing facility for logistic containers in Bhavnagar District, Gujarat.

The company also plans to invest Rs. 200 million in Shah Metacorp Ltd (BSE & NSE) over the next two years as part of its long-term growth strategy. The investment will support Shah Metacorp’s expansion, boost production capacity, enhance R&D, and explore new markets. Shah Metacorp’s strong operations, innovative products, and sustainable practices make it a compelling investment opportunity.

Board of Directors of the Company at its meeting held on 7^th June, 2024 approved the appointment of Mr. Rajendra Naik as the Chief Executive Officer of the Company. Subsequently in the meeting held on 17^th August, Mr. Pruthvikumar Prajapati is appointed as the Chief Financial Officer of the company.

Consolidated Financial Highlights (Rs. Lakh)                       

Particulars	Q1 FY25	Q1 FY24	Growth  Y-o-Y %	FY 24	FY 23	Growth  Y-o-Y %
Total Income	1663.64	1002.87	65.9%	6173.0	3960.3	55.9%
Net Profit	70.01	34.32	104.0%	96.2	0.83	11485.5%

For Q1FY25 ended June 2024, company has reported 65.9% growth in revenue from operations to Rs. 16.63 crore as compared to Rs. 10.02 crore in quarter ended June 2023. Net Profit of the company during June 2024 quarter reported rise of 104% to Rs. 70 lakh as against Rs. 34 lakh in quarter ended June 2023. During FY24, company has turn around its business operations and reported 56% growth in total income to Rs. 61.7 crore as compared to Rs. 39.60 crore in FY23.

In the previous quarter, the Company completed a preferential issue, allotting 3,17,80,000 convertible warrants at Rs. 12.95 each, raising Rs. 41.15 crore from non-promoter investors. On May 17, 2024, the Board approved the conversion of 1,20,60,000 warrants into equity shares at Rs. 12.95. Following this, the Company’s paid-up equity share capital increased to Rs. 20.26 crore, comprising 2,02,60,000 shares of Rs. 10 each.

BOX – $2 million project cost will be paid by Secorbit to Sellwin Traders Ltd as follows:   20% ($400,000) after Phase 1 (Research & Feasibility Study) 30% ($600,000) after Phase 2 (Platform Architecture & Design) 30% ($600,000) after Phase 3 (Core Platform Development) 10% ($200,000) after Phase 4 (Testing & Compliance Audits) 10% ($200,000) upon successful launch and handover (Phase 5)

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New Delhi [India], September 16: As we near the end of 2024, gold continues to exhibit strong bullish momentum, driven by several key factors. Persistent economic uncertainty has played a significant role, with global growth slowing, especially in major economies like the US and Europe. Rising inflation, increasing interest rates, and looming recession fears have steered investors towards gold, a classic safe haven. Additionally, ongoing geopolitical tensions in Eastern Europe and the Middle East have heightened investor apprehension, further boosting gold’s appeal as a hedge against political risk. The volatility of the US dollar throughout 2024, marked by periods of weakness due to mixed economic data and the Federal Reserve’s cautious stance on interest rates, has also contributed to the upward trend in gold prices.

Alex Volkov, Market Analyst at VT Markets, said, Given the current upward trend, traders have several strategies to capitalise on the momentum. One straightforward approach is to trade physical gold—such as bullion, coins, or bars—which offers a tangible asset with historical value, particularly during periods of economic and political instability. As the year concludes, holding real gold remains a viable option. For those seeking more liquidity and convenience, gold ETFs (exchange-traded funds) are popular. These funds track gold prices, allowing investors to benefit from gold price movements without owning physical gold. Another approach involves investing in gold mining stocks, often providing leveraged exposure to gold prices. As gold prices rise, these mining companies’ profits and stock values tend to increase even more significantly. However, it is essential to be aware that mining stocks come with additional risks, including operational issues and management decisions.

For more advanced traders, gold futures and options offer opportunities to speculate on gold’s future price. These financial instruments can yield substantial profits, especially in volatile markets, but they also entail higher risk due to leverage and market complexity.

Proper risk management is vital for every trading approach. Instead of focusing on gold, traders should diversify their portfolios among various assets to avoid risk. It is also critical to stay informed about global economic and political developments, as these significantly impact gold prices. Timing is also crucial; while momentum may be high, gold prices can fluctuate unexpectedly, necessitating careful planning of entry and exit points.

Your strategy may differ depending on your trading objectives. Trading gold futures or acquiring gold mining firms may generate faster gains but also carry more dangers. Traders seeking a hedge against inflation or future economic downturns, on the other hand, may prefer to store physical gold or trade gold ETFs, which provide better stability and can help protect wealth over time.

As 2024 draws to a close, gold remains a compelling trading option. Whether you prefer physical gold, ETFs, mining stocks, or more sophisticated instruments such as futures and options, there are several ways to profit from the bullish trend. By remaining knowledgeable and carefully controlling risks, you may be able to capitalise on gold’s trend and perhaps earn significant returns by the end of the year.

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