The Indian government has raised gold import duties to 15%, up from 12.5%, in an effort to reduce imports and control the trade deficit. This decision follows a surge in domestic gold demand, impacting India's trade balance, as the country is the world's second-largest gold consumer after China. The move has drawn criticism from traders and consumers, who expect domestic gold prices to rise in the coming weeks.
Gold prices have surged today amid global financial market instability, reaching $2,000 per ounce, the highest level in three months. This increase is driven by concerns over inflation and sl...
Gold prices have surged today amid global financial market instability, reaching $2,000 per ounce, the highest level in three months. This increase is driven by concerns over inflation and sl...
Egypt’s Ministry of Petroleum and Mineral Resources has announced the discovery of a new gold mine in the Eastern Desert, with an estimated initial reserve of one million ounces. This di...