Moscow: While gold rates are crossing the level of USD 1,800 per ounce in the international market, Russia has made major additions to its gold reserves. The Russian gold reserves have reached 2,300 tonnes, valued at USD 130 billion. The Russian foreign exchange reserves also have reached near USD 570 billion. The United States and […]
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New Delhi: – Gold rate in India has reached a record level of ₹50,000. On Wednesday, the price of gold crossed the level of USD 1,800 per ounce in the international market. Therefore, the gold rate reached record levels, even in India. Currently, there is a recession in the world economy due to the Coronavirus […]
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Beijing: – It is claimed that 83 tonnes of gold, amounting to 4% of gold in the Chinese reserves, is fake. Wuhan Kingold Jewellery Inc., a leading company in the gold market, having links with the Chinese military, had borrowed USD 2.8 billion against this fake gold. The gold deposited by this company as collateral with the […]
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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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London/New York: New cases of Coronavirus have been reported from China and South Korea, who had claimed complete victory over Coronavirus. The fear of the second wave of Coronavirus hitting the world has become stronger with the revelation, and the repercussion of this was seen in the global economy. Gold rates spurted once again to […]
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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 have […]
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Tehran/Washington: US President Donald Trump has issued direct orders to the US navy to destroy all the Iranian patrol vessels in the Persian Gulf, if they cause any nuisance to the US warships, sailing in the Persian Gulf. Infuriated by this warning, Iran has threatened to sink the US warships. Meanwhile, the crude oil rates […]
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London/New York: While the extent of the Coronavirus epidemic is increasing in China, the prices of gold, the perpetual safe investment, have jumped to USD 1,600 per ounce (28.34 Grams). Leading investors and analysts had made this prediction at the end of last month. While the prediction has come true, the possibility of gold rates […]
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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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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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