Tag: Gold demand
Posted in Business
3 reasons why gold gained 27% in 2024, outperforming both Nifty 50, S&P 500
Gold clocked close to 27% returns during the year, outperforming both the Nifty 50 or S&P 500 index due to the ongoing geopolitical tensions, which…
Posted in Economy
India’s gold imports jump 21.78 pc to USD 27 bn in Apr-Sep
The country’s gold imports, which have a bearing on the country’s current account deficit (CAD), rose by 21.78 per cent to USD 27 billion during…
Posted in Economy
Trade gap hits 10-month high in August; Exports shrink by 9.3%
India‘s trade gap ballooned to a 10-month high of $29.65 billion in August as muted global demand and geopolitical challenges led to a 9.3% contraction…
Posted in Business
Wish to buy gold during festivals? Demand to likely rise due to duty cut
Gold demand in India during the upcoming festive season is likely to remain robust, as the substantial reduction in import duty has made prices appealing,…
Posted in Economy
Gold demand: Record gold buys: Why are central banks adding glitter to their coffers?
Central banks across the world picked up close to 1,136 tonnes of gold in 2022, up from 450 tonnes the year before and to a…