Gold rates in India hike at a record high

Gold rates in India hike at a record high

New Delhi- Even though the demand for gold has reduced by a great measure, the gold rates have, however, hit a record high rate. The gold rate has reached ₹48,000 per 10 grams. On Monday morning, the gold rates jumped to ₹881. 9 April onwards, the gold rates have increased to ₹2,728. This year, gold […]

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Widening gap between the world and China is a golden opportunity for India, Union Minister Nitin Gadkari  

Widening gap between the world and China is a golden opportunity for India, Union Minister Nitin Gadkari  

New Delhi: – Coronavirus pandemic has negated the Chinese image, and the world is trying to distance itself from China. This has created a golden opportunity for India. This is the right time to work with multinational companies. Union Minister for Micro, Small and Medium Industries, Nitin Gadkari, expressed confidence that the western countries will […]

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Global economy takes a major hit due to Coronavirus, oil, stock markets crash, gold rates increase

Global economy takes a major hit due to Coronavirus, oil, stock markets crash, gold rates increase

London/New York: It is evident on the international level that the intensity of the Coronavirus epidemic, which has locked down China, the second largest economy of the world, is increasing by the day. While there is a steady rise in the number of deaths and people infected, the negative impact is apparent in the global […]

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Investment in gold bonds increased by 400%, in view of the warnings of global recession  

Investment in gold bonds increased by 400%, in view of the warnings of global recession  

London: The gold bonds are observed to be in great demand, against the background of the warnings issued regarding the impending global recession. As per a report published by the international group, World Gold Council, the investments in ETFs (Exchange Traded Funds), backed by gold, have registered an increase in investment by a whopping 426%. […]

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Fuel rates slide along with the stock markets under fears of the Wuhan virus epidemic, gold rates predicted to cross USD 1,600 per ounce

Fuel rates slide along with the stock markets under fears of the Wuhan virus epidemic, gold rates predicted to cross USD 1,600 per ounce

London/Washington/Beijing: The global economy is being hit because of the outbreak of the Wuhan virus, which is spreading rapidly in China and the other countries. The investor concerns are increasing with the increasing number of patients infected with Wuhan virus in China, and in effect, the US, European and Asian markets have crashed. Following the […]

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Islamic countries should use Gold Dinar or Barter exchange to bypass US sanctions, appeals Malaysian Prime Kuala Minister

Islamic countries should use Gold Dinar or Barter exchange to bypass US sanctions, appeals Malaysian Prime Kuala Minister

Lumpur: Malaysian Prime Minister Mahathir Mohammed advised that the Islamic countries should start using Gold Dinar as currency or barter exchange system. Mahathir Mohammed expressed confidence that this would facilitate countering sanctions imposed by countries like the United States. Iran and Turkey have supported the idea, and there are indications that steps will be initiated […]

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