Domestic gold prices in India jumped to a record following an unexpected increase in import duty in the country’s budget, hitting demand and forcing dealers to offer the highest discount in nearly three years.
Trade anxiety and escalating tensions between the United States and Iran sent gold soaring to a six-year high on Tuesday, and saw traders dive back into safe-harbour government bonds and the yen and Swiss franc at the expense of the dollar.
Gold prices rose on Monday to their highest in more than two months as heightened Sino-US trade tensions and Washington's threat of tariffs on Mexico stoked worries of a global recession and drove
Gold prices rose on Thursday, drawing closer to their highest levels this year on increased expectations of a US rate cut, even as some investors locked in profits from bullion’s recent rally.
Gold prices edged up on Tuesday, hovering near a three-month high hit in the previous session, as global slowdown worries driven by trade conflicts amid expectations of a US interest rate cut stoked investors towards the safe-haven bullion.
India’s foreign exchange (forex) reserves increased by $4.368 billion during the week ended April 26, official data showed. According to the Reserve Bank of India’s weekly statistical supplement, the overall forex reserves rose to $418.515 billion from $414.147 billion reported for the week ended April 19.
Ace sprinter Hima Das bagged her third international gold in two weeks after she bagged the top spot in women's 200m event at the Kladno Memorial Athletics Meet here in Czech Republic.
Actress Aishwarya Rai Bachchan has enthralled her fans with her golden mermaid look at the red carpet of the 72nd edition of Cannes Film Festival.
A solid-gold toilet is set to be installed in one of the UKs grandest palaces, while allowing the general public to use it, the media reported on Friday.