The price of gold, which has already increased significantly during 2020, hit new seven-year highs this week surging past US$ 1,773 per ounce. The move was a reaction to what was believed to be the second wave of coronavirus infections in different countries, the fear of fresh restrictions on economic activity, and possible fresh stimulus […]

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Gold prices fell to a more than one-week low on Monday, as stronger-than-expected data from China and a robust start to the U.S. earnings season soothed concerns about a global economic slowdown, denting the appeal of bullion. Spot gold edged 0.2 percent lower to $1,288.08 per ounce as of 0330 GMT, having touched $1,286.44, its […]

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Gold sales in India’s villages might climb this Akshaya Tritiya as targeted farm welfare programmes are expected to help enhance discretionary spending on the precious metal, traditionally the preferred store of value in the hinterland. Analysts believe that financial assistance under the PM Kisan Samman Nidhi programme should leave farmers with some surplus cash, which […]

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