HDFC SKY 
In this episode of Season 2 of “Make Money Matter”, Shashank Udupa and Unmesh Sharma explore the evolving world of gold investment and the intriguing shifts in the gold market. From central banks boosting their reserves to the impact of global economic uncertainties, they dive into why gold remains a staple in portfolios worldwide. Learn about the financialization of gold, the unique buying habits in India, and how major gold companies hedge against price fluctuations. Discover insights into gold’s role as both a fashion statement and a financial asset, along with expert perspectives on upcoming gold companies in the market. Tune in for a deep dive into the timeless allure of gold and its future.
Report on Thangamayil – https://www.hdfcsec.com/hsl.docs//Thangamayil%20Jewellery%20-%20Update%20-%20Sep24%20-%20HSIE-202410031306588740719.pdf?t=10102024011005105
Report on Senco – https://www.hdfcsec.com/hsl.docs//Senco%20-%20Update%20-%20Sep24%20-%20HSIE-202409191608309630426.pdf?t=9102024134221708
__________________
*About the show:*
Make Money Matter is India’s smartest financial podcast where top HDFC Securities analysts break down key trends and investment opportunities. Each episode provides actionable insights on stocks, strategies, and market analysis to help investors make informed decisions and stay invested in the market.
*Make Money Matter Podcast | NOW AVAILABLE ON SPOTIFY:*
https://open.spotify.com/show/5Egcnn05UL3RLf8Jkb24I4?si=39d8b86218ff4a09
__________________
*Timestamps:*
00:00 – What To Expect
01:07 – Make Money Matter S02
02:11 – Macroeconomic Trends Affecting Gold
05:30 – Gold Pricing Explained
08:28 – Should We Invest in Gold?
10:15 – How Companies Handle Rising Gold Costs
13:14 – Tanishq As The Benchmark
14:23 – Hedge Against Gold Price Fluctuations
18:10 – Key Emerging Players in the Gold Market
19:56 – What Institutional Investors Look for in Gold Stocks
24:36 – Regional Gold Brands Doing Better Than National Players
26:11 – HDFC’s Report on Senco & Thangamayil
28:44 – Rise of Lab-Grown Diamonds
33:00 – Final Takeaways for Investors
__________________
*About the host:*
Shashank Udupa, the host of Make Money Matter, is a former investment banker and a highly respected figure in India’s finance space. As a two-time entrepreneur with deep expertise in Indian markets, Shashank has built a reputation for delivering well-researched, insightful stock analysis that resonates with value investors.
*About the Guest:*
*Unmesh Sharma*
_Head of Institutional Equities_
With over 17 years of experience, Unmesh Sharma leads Institutional Equities at HDFC Securities. He has worked across Capital Markets, excelling as a top-rated analyst in Real Estate, Telecom, and Consumer sectors. Prior to HDFC, he held key roles at Macquarie Capital, BofA-Merrill Lynch, and JP Morgan. Unmesh holds a CFA, an MBA from IIM Lucknow, and an Engineering degree from Mumbai University.
*Varun Lohchab*
_Head of Institutional Research_
Varun Lohchab oversees Institutional Research at HDFC Securities, backed by 18 years in Indian equity markets. He has worked with top firms like Fidelity, Franklin Templeton, and Jefferies, earning recognition as a Starmine-rated consumer sector analyst. Varun holds a PGDM from IIM Calcutta and a Bachelor of Engineering from Delhi College of Engineering.
__________________
*Subscribe:*
*HDFC Sky:*
YouTube: https://www.youtube.com/@hdfcskylearn
Instagram: https://www.instagram.com/hdfcsky/?hl=en
LinkedIn: https://www.linkedin.com/company/hdfc-sky/
*Shashank Udupa:*
YouTube: https://www.youtube.com/@ShashankUdupa1
Instagram: https://www.instagram.com/shashank_udupa/?hl=en
LinkedIn: https://www.linkedin.com/in/shashankudupa1/
__________________
*Disclaimer:*
_This podcast is intended for educational purposes only and does not constitute financial advice. The opinions and insights shared by the experts are based on their personal knowledge and experience and do not necessarily reflect the opinions of HDFC Sky and HDFC Securities, and may not be applicable to all individuals or situations. Investing involves risk, and past performance is not indicative of future results. Please consult with a qualified financial advisor before making any investment decisions. The information provided in this podcast should not be relied upon as a substitute for professional advice._
#GoldInvestment #GoldMarket #MakeMoneyMatter #HDFCSKY #GoldFinancialization #InvestingInGold #GoldReserves #GoldCompanies #IndianGoldMarket #GlobalEconomy #PreciousMetals #GoldTrends #GoldAsAnAsset #GoldInsights #GoldHedging #GoldInIndia #CentralBankGold #GoldVsInflation
source
About The Author
Good conversation… I felt couple of things couldve been discussed a little more
I) hedging and hallmarking aspect should've been discussed a little more and explained clearly in terms of contracts / hedging
ii) while gold has a resale / appreciation value why aren't diamonds, platinum etc are not considered a sign of wealth
iii) the cost at which LGDs truly become beneficial
And one nit picking – it is Thangamayil and not Thangamalai, Shashank should pay a little more attention. Additionally, Titan Co has a stake in American LGD company to understand trends.
Recently govt reduce the custom duty and gold price have fallen is it also hedged from any inventory loss. So we can expect good result or bad result in this quarter from jewellery stocks?
Appreciate the detailed breakdown! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?