What’s Behind Gold’s New Peak?
Central banks shore up gold reserves to prepare for turbulent times, pushing up prices across the globe. The trend is here to stay.
Central banks shore up gold reserves to prepare for turbulent times, pushing up prices across the globe. The trend is here to stay.
In the first six months of 2023, Central Banks bought 387 tonne of gold -- the highest purchase in the first half of a year since 2000
Indian banks are epitome of resilience. For cross-country deposit insurance coverage and per capita income, ratio of DI cover and per capita income is 2.53 for India, one of the highest, says report
Central Banks globally have accumulated gold reserves this year at a pace not seen since 1967.
Central banks across the globe, except the Bank of Japan, have hiked interest rates as inflation roils their economies.
An IMF research report shows a strong negative correlation between the reserve issuer's public debt and reserve shares.
Market experts welcome the 30–stock benchmark adding 6,000 points since December 1, but also caution against stretched valuations.
Both the Sensex and the Nifty 50 stage more than 14% recovery. The Sensex market capitalisation is up by nearly ₹7.63 lakh crore with 13.48% monthly growth.