Share of investment demand in India’s total gold consumption to rise in 2025: WGC
The World Gold Council (WGC) on Wednesday said the share of investment demand in India's total gold consumption will likely rise in 2025.
The World Gold Council (WGC) on Wednesday said the share of investment demand in India's total gold consumption will likely rise in 2025.
Chaotic as it seems, Donald Trump’s tariff war and subsequent walk-backs are a deadly serious attempt by his team to address what they perceive as the core issues of the dollar-dominated global monetary system.
Gold prices hit a new record high in India on Wednesday, with the yellow metal trading at Rs 95,435 per 10 grams on the Multi Commodity Exchange (MCX).
India's competitive position in select product segments may help cushion some of the losses, it mentioned.
As the US reciprocal tariff deadline looms, gold prices on Monday hit a record high of $3,106 per ounce for the first time, with people rushing towards accumulating the safe-haven asset amid global uncertainties.
Pent-up demand for gold started in 2021.
The arrested woman was allegedly a part of a racket which smuggled gold through the country's northeast border.
The gold was seized in three separate cases, Customs officials said.
The 29 people arraigned as accused include those who were directly involved in carrying gold, those who bought it and those who acted as agents.
Reports of freezing Afghanistan's bank assets by the US as well as a halt of funds by the World Bank and the International Monetary Fund (IMF) have fueled concerns among Afghans.