'Higher interest rates make gold less attractive as it doesn't generate yield.''However, with rates set to fall, the tables are turning for gold.' Photograph: Kind courtesy Soofia Tailor/Pixabay......
Gold seems to be losing its glitter in India due to a rise in prices. Photograph: Heinz-Peter Bader/Reuters/Reuters Demand in Q2CY24 was 149.7 tonnes – a 5 per cent drop compared to 158.1......
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.......
Retail investment demand for gold bars and coins as well as central bank purchases pushed the global gold demand by 28 per cent to 1,181.5 tonnes in the September quarter, according to the World......
Global gold demand has seen a year-on-year decline of 8 per cent during the April-June period to 948.4 tonnes and going ahead further monetary tightening and continued dollar strength may pose......