A woman tries on a gold bracelet at a jewellery showroom in Siliguri. File/ Reuters
Retail consumers in India continued to buy up physical gold this week as prices retreated to a near one-year low, while lower rates also injected fresh activity in other hubs, especially Singapore.
India’s foreign exchange reserves rose by $4.483 billion during the week ending Jan.1. According to the Reserve Bank of India’s weekly statistical supplement, the reserves increased to $585.324 billion from $580.841 billion reported for the week ended December 25.
The year 2021 is likely to add to the shine of the gold as consumer demand which has largely been subdued amid the pandemic may rise on the back of economic recovery of the emerging markets, said a report by the World Gold Council (WGC).
The cost of living in the UAE is becoming more affordable for expatriates compared to 2020 amidst the push to attract critical talent, more remote workers and freelancers, revealed a survey on Tuesday.
Our assessment and recent economic data point to a post-pandemic rebound of the UAE economy. The UAE banking system remains resilient, and our support measures in the form of the CBUAE’s
The Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi), has announced the resumption of cruise liners in Abu Dhabi starting from 1st September, 2021,