India now needs a comprehensive policy on gold to clearly define whether gold should be treated as a commodity or money, and how customers should perceive it, stated a report by State Bank of India (SBI).
The silver prices will outpace the gold, driven by supply deficits and growing industrial demand, which are expected to act as strong tailwinds for the metal's value, according to the global investment firm WisdomTree.
New Delhi [India], June 21 (ANI): India has emerged as the fourth largest country in global gold recycling, said World Gold Council in a report on Tuesday, adding that over the past five years 11 per cent of India's gold supply has been from "old gold."