The price of gold, which opened in the low USD 2,300s in early July, quickly surpassed the USD 2,400 mark and achieved a high of USD 2,483 this Wednesday, according to Metals Focus report.
This gathering assumes significant importance as China, the world's second-largest economy, grapples with a myriad of challenges including a property sector crisis, escalating local government debt, and strained consumer demand amid geopolitical tensions with Western nations.
The Silver Institute's forecast indicates that silver demand is expected to grow by approximately 2 per cent from 2023 to 2024, reaching around 1,219 tonnes.
Lauding the ties shared between Austria and India, Chancellor Karl Nehammer on Wednesday emphasised that it is a relationship of trust that began in the 1950s. He stated that it is the "concern over the development of the geopolitical situation" that united both nations.
On Prime Minister Narendra Modi's visit to the country, Abhay Kumar Singh, United Russia party's Deputat (MLA), from Russia's Kursk on Monday said that the talks between India and Russia will focus on crucial global matters including defence deals, cultural topics, economic and geopolitic
The global economy is currently facing significant risks stemming from ongoing geopolitical tensions, high levels of public debt, and slow progress in reducing inflation, according to the Reserve Bank of India's (RBI) 29th Financial Stability Report (FSR) released on Thursday.
Fitch projects a 3 per cent-4 per cent increase in India's petroleum product demand for the fiscal year ending in March 2025 (FY25), buoyed by rising consumer, industrial, and infrastructure needs.
Foreign Portfolio Investment (FPI) in India's NSE-listed companies has experienced significant fluctuations over the past two decades, reflecting global economic trends and geopolitical events, according to NSE report.
Speaking at the Shangri-La Dialogue, an international defence and security conference held in Singapore from May 31 to June 2, Chinese Defense Minister Admiral Dong Jun declared, "We will not allow hegemonism and power politics to undermine the interests of Asia-Pacific countries. We will n
Faced with supply chain disruptions, particularly since the Covid pandemic hit in 2020 and subsequent flare up of geopolitical tensions that still continues, many leading global companies, in specific that are into manufacturing space, are diversifying their operations across regions. These
According to a press release, over 1,000 participants from around the world convened to tackle the pressing issues of geopolitical tensions, climate change, and their impact on global trade.