Russia to expel USD from ‘National Wealth Fund’: announces Finance Minister Anton Siluanov Siluanov

Russia to expel USD from ‘National Wealth Fund’: announces Finance Minister Anton Siluanov Siluanov

Moscow – Russian Finance Minister Anton Siluanov announced that Russia would expel the US dollar from the ‘National Wealth Fund’, being created from the reserves with the Russian government. This information was given in the St. Petersburg Economic Forum, which started in Russia. As per the information given in January 2021, a fund of USD […]

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40 tonnes of gold sold on Dhanteras 

40 tonnes of gold sold on Dhanteras 

Mumbai: – Indians purchased 40 tonnes of gold, on the occasion of Dhanteras, ignoring the Coronavirus crisis and the slowing of the Indian economy. It has been noted that there has been a 30% increase over the sales on Dhanteras last year. There were gold sales worth a whopping Rs 200 billion on one single […]

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Indian forex reserves at record $555 billion

Indian forex reserves at record $555 billion

New Delhi/Mumbai: – There was an addition of nearly $3.5 billion to the Indian foreign exchange reserves, in a matter of only a week, taking it to a record $555 billion. There has been an increase of a whopping $80 billion, even during the times of Coronavirus crisis, and the annualised increase is $115 billion. […]

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Gold rates scale historic level of USD 2,000 per ounce

Gold rates scale historic level of USD 2,000 per ounce

New York/London: The gold rate spurted on Tuesday against the background of the Coronavirus pandemic, enormous funding by the central banks of various countries and the rising tension between the United States and China. In the transactions in the US markets, the value of gold jumped by 1.7%, reaching the historic high of USD 2,021 […]

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Gold prices rise to Rs 52,000 per ten grams

Gold prices rise to Rs 52,000 per ten grams

New Delhi: – Against the background of the ever-rising tension between the United States and China, the Gold rates jumped in the international market. The Gold rates in India also reached record levels, given the international price rise. The Gold rates on the Multi Commodity Exchange (MCX) rose by 1.5%, reaching ₹52,127 per ten grams. […]

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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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