India's gold imports increased 5% to 802.8 tonnes in 2024, driven by strong investment demand and significant purchases by ...
The most obvious way to invest in gold is purchasing physical gold. You can either purchase gold jewellery or gold bars and coins as per your requirement. While physical gold has been the go-to ...
This year, RBI has been buying gold every single month ... Just as demand for gold ETFs surged, demand for gold bars and coins dipped by 9%. But despite that, their YTD (year-to-date) demand ...
India: Indias gold consumption rose 5% to 802.8 tonnes in 2024 despite a 27% price surge. Increased investment demand, duty ...
The Indian rupee tumbled to a record low against the US dollar amid global trade tensions, but the government is not worried, emphasizing the currency’s free-floating nature and the RBI’s role ...
WGC further noted that the Reserve Bank of India (RBI) continued with its 2024 buying ... The bank also launched a Ghana Gold Coin to the public during the month as part of its efforts to ...
MUMBAI: The country consumed an additional 802.8 tonne of gold in 2024, up 5% over the previous year, despite the yellow metal price rallying by over 22%.
According to data on sectoral deployment of bank credit released by RBI, gold loan portfolio of banks rose to Rs 1.7 lakh crore as on Dec 27, 2024. This reflects a 71% increase from the previous ...
Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been allowed to slide more freely. Tight liquidity will not bind the Reserve ...