Search For "central banks"
Despite recent fall, Gold and Silver still has upside potential: Experts
Updated : 5 months ago IST
Gold and silver prices, which have seen a sharp rise over the past year, are currently witnessing some correction, but experts believe the pullback is temporary and the overall outlook remains positive.
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Gold prices touch new highs on weak dollar, fiscal worries, central banks
Updated : 5 months, 1 week ago IST
Gold prices continue to surge in 2025, driven by a mix of global fiscal concerns, currency weakness, and strong institutional buying, as per a report by Religare Broking.
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India-UAE to enable bilateral trade in local currencies
Updated : 5 months, 3 weeks ago IST
"Ongoing strategic initiatives between the Central Banks of India and the UAE to enable bilateral trade in local currencies, the integration of payment systems in the two countries and cooperation on Central Bank Digital Currencies were also discussed, with both sides commending the stron
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Nifty, Sensex open flat amid cautious sentiment ahead of rate cut decision
Updated : 5 months, 3 weeks ago IST
Indian stock markets opened almost flat in green on Monday as investors remained cautious ahead of several key monetary policy decisions scheduled this week by global central banks.
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India, Mauritius move closer to implementing trade in local currencies as
Updated : 5 months, 3 weeks ago IST
India and Mauritius have reached an understanding on conducting trade in local currencies, with discussions now taking place between the central banks of both countries, said MEA foreign secretary Vikram Misri during a special briefing on Thursday.
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Gold Nearing Record Highs: Why Its Shine Remains Undimmed
Updated : 5 months, 3 weeks ago IST
Kolkata (West Bengal) [India], September 1: Gold has once again captured headlines by nearing its all-time high, and to many, this may feel like a sudden surge. To me, it was always a question of when, not if. Given the current geopolitical scenario--marked by rising tensions across regions,
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Credit growth influenced by economic activity rather than surplus liquidit
Updated : 9 months ago IST
Credit growth in the economy is influenced more by overall economic activity than by the size of the liquidity surplus, according to a recent report by Standard Chartered, an international bank.
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Central banks will continue to increase gold reserves amid geopolitical, e
Updated : 9 months, 1 week ago IST
Gold continues to be used as a safe-haven asset to help mitigate risks as ongoing economic and geopolitical uncertainty continues to weigh on reserve managers.
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Share of gold in RBI's forex kitty doubled since 2021
Updated : 10 months, 3 weeks ago IST
Central banks world over are increasingly accumulating safe-haven gold in their foreign exchange reserves kitty, and India is no exception.
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Gold may see a correction of 10% from Rs 1 lakh level, but bullish outlook
Updated : 11 months, 1 week ago IST
Gold prices in India touched a historic milestone on Tuesday, crossing Rs 1 lakh per 10 grams. Experts believe that while this sharp rally may lead to a temporary correction, any fall from this level is likely to be limited to a maximum of 10 per cent.
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Buying by Central banks leads to record global gold demand; Jewellery dema
Updated : 1 year, 1 month ago IST
This surge was driven primarily by strong central bank purchases and increased investment demand. The combination of record-breaking gold prices and high volumes resulted in an all-time high total value of demand, reaching USD 382 billion.
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India becomes second largest buyer of gold after Poland in 2024: World Gol
Updated : 1 year, 2 months ago IST
India's year-to-date purchased 73 tonnes of gold with a total gold reserves of 876 tonnes as on November end, making it the second-largest buyer of 2024 after Poland.
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