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 remained buoyant in 2013 and rose by 13 per cent to 975 tonnes compared to 2012, despite government putting in several restrictions to curb imports, according to a World Gold......
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.......
'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......
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......