Gold investment interest is expected to remain strong, even as jewellery demand faces pressure from record-high prices, according to a report released by the World Gold Council (WGC). WGC said that the financial year-end dynamics, which include statutory payments and tax-saving investments, may curtail discretionary spending, further weighing down demand. However, price stability could be…
MUMBAI: The new external members of RBI‘s monetary policy committee, who are likely to be appointed by govt this month, are set to face new risks to growth – evident in macroeconomic numbers.RBI governor Shaktikanta Das noted some external risks to growth in a recent speech at a Bretton Woods event in Singapore. Besides Das,…
MUMBAI: Precious metals are having a golden run. Gold prices on Monday jumped by over Rs 1,500 to record Rs 71,100/10gm crossing the Rs 70,000-milestone for the first time amid heightened geopolitical risks and aggressive buying by central banks. Silver, too, joined the party, crossing the Rs 80,000/kg-level for the first time as prices jumped…
