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World Gold Council Regional Ceo

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'TN's finances are a mess, it's not going to be easy'

'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.''We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance......

Gold demand in India saw 5% rise at 802.8 tonnes in 2024

Gold demand in India witnessed a 5 per cent on-year rise at 802.8 tonnes in 2024 supported by reduction in import duty, and purchases related to weddings and festivals, and going ahead consumption......

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months – up around 13 per cent from the current levels – given the global uncertainties and aided by investment demand,......

Record high price of gold mutes Dhanteras sales; volumes may drop 10%

Gold sales on Dhanteras are estimated to drop 10 per cent in volume terms year-on-year on sharp 33 per cent annual rise in rates of the yellow metal, according to industry players. Photograph:......

India's gold demand up 8% in Q4 despite high price

India's gold demand rose 8 per cent annually to 136.6 tonne in the March quarter helped by a strong economic environment despite prices touching historic highs, according to the World Gold Council.......

Hike in import duty on gold may fuel smuggling

The government has hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal. Illustration: Dominic......

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