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GOLD RESERVES INCREASE
Forex kitty grows $6 billion as dollar count risesIndia's foreign exchange reserves saw a significant rise of $6.1 billion. This increase occurred in the week ending July 24, reaching $682....- Bank credit to industry up 19%, personal loans stay strongBanking credit to industry saw a robust 19% year-on-year increase. Personal loan growth also remained strong, expanding 16% compared to las...
- India's forex reserves rise by $6.1 billion to two-month high of $682.35 billion as of July 24India's foreign exchange reserves saw a significant rise of $6.1 billion. This increase brought the total reserves to $682.35 billion as of...
- Gold pulled India back from the edge of crisis 35 years agoThirty-five years after India pledged 67 tonnes of gold to avert a balance of payments crisis, the episode remains one of the defining mome...
- India's gold demand falls 6 per cent in April-June on weak seasonal demand, higher duty: WGCIndia's gold demand decreased six percent year-on-year during the April-June quarter. This decline occurred despite a significant fifty per...
- Gold edges lower ahead of Fed decision on interest ratesGold prices saw a slight decrease as the dollar remained strong. Market participants await the Federal Reserve's policy decision for rate c...
- Gold and silver retreat from peaks: Here's what the price reset means for your portfolioGold and silver prices have significantly declined after reaching peaks earlier this year. This correction follows a period of strong gains...
- Gold’s next rally could be taking shape: Why investors should focus on the bigger pictureFinancial markets have a habit of testing investors’ conviction. When an asset pauses after a strong rally, the immediate narrative often s...
- Forex reserves up by $1 billion to $676 billionMarket participants expect the reserves to rise going ahead as inflows from the foreign currency non resident bank FCNR(B) deposits start t...
- Why Jefferies’ Chris Wood, billionaire John Paulson say gold’s long term bull market is just getting startedDespite gold's recent pullback from record highs, Jefferies' Chris Wood and billionaire investor John Paulson believe the long-term bull ma...
- Why gold is showing signs of reversal after recent selling pressureGold prices are stabilising after recent declines, supported by escalating Middle East tensions, robust central bank buying and resilient A...
- As gold and silver prices recover in a week, what should precious metal investors do now?Gold and silver prices saw a mild recovery last week on the MCX. Investors are rebuilding long positions and increasing inflows into gold E...
- American Express Q2 profit rises driven by higher spending and fewer delinquenciesAmerican Express has indicated an impressive eight percent growth in profit during the second quarter, largely driven by increased spending...
- India's forex reserves rise $1.08 billion to $676.237 billion in week ended July 17In a notable development, India's forex reserves have increased by over one billion dollars, driven primarily by a growth in foreign curren...
- Gold prices fall Rs 3,500/10 gram in 2 days, silver down Rs 8,700/kg as oil hits $100 again. Time to sell precious metals?Gold and silver prices fell for a second straight session on the MCX as Brent crude climbed above $100 a barrel, stoking inflation concerns...
- Gold softens on prospects of Fed rate hikes as Brent tops $100Gold prices edged lower on Friday, impacted by rising crude oil prices. Inflation concerns and higher interest rate expectations are streng...
- Gold off two-week peak as oil advances, Fed meeting eyedGold prices softened on Thursday after reaching recent highs. Escalating Middle East tensions boosted oil prices and the dollar's safe-have...
- Why are central banks buying more gold? Here's what it means for the global economyCentral Banks and Gold: Central banks globally are buying gold at a record pace. This trend is driven by geopolitical risks and inflation c...
- Gold rises 1% as hopes for US-Iran diplomacy pause oil rallyGold prices gained over 1% as investors tracked diplomatic efforts to ease the US-Iran conflict and assessed the impact on inflation and th...
- Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
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