Gold buying by central banks surged to 60 tonnes in October, mainly led by the Reserve Bank of India (RBI) which added 27 tonnes of the precious metal to its reserves, the World Gold Council (WGC)......
'Higher interest rates make gold less attractive as it doesn't generate yield.''However, with rates set to fall, the tables are turning for gold.' Photograph: Kind courtesy Soofia Tailor/Pixabay......
Gold seems to be losing its glitter in India due to a rise in prices. Photograph: Heinz-Peter Bader/Reuters/Reuters Demand in Q2CY24 was 149.7 tonnes – a 5 per cent drop compared to 158.1......
India's gold demand rose 8 per cent annually to 136.6 tonne in the March quarter helped by a strong economic environment despite prices touching historic highs, according to the World Gold Council.......
China's official gold reserves, Wood said, have increased by 314 tonnes, or 16.1 per cent, from 1,948 tonnes at the end of October 2022 to 2,262 tonnes at the end of March 2024 Photograph:......
IMAGE: Rory McIlroy, right, and Justin Thomas will don Tiger Woods' signature Sunday red and black during the final round of the World Golf Championships. Photograph: Ross Kinnaird/Getty Images......
IMAGE: Justin Thomas poses with the trophy after winning the World Golf Championship FedEx St Jude Invitational at TPC Southwind on Sunday. Photograph: Andy Lyons/Getty Images Justin Thomas......
ATP, WTA cancel China events, including Shenzen Finals IMAGE: Australia's Ashleigh Barty won the WTA Finals in Shenzhen in 2019 Photograph: Aly Song/Reuters The two main tennis tours on Friday......
'When he's on, I'd say he's arguably the best player in the world.' IMAGE: Rory McIlroy with the Old Tom Morris Cup after winning the WGC-HSBC Champions in Shanghai on Sunday. Photograph: Ross......
A summary of sports events and persons who made news on Saturday IMAGE: Tiger Woods exits the 16th hole during the third round of the WGC Match Play golf tournament at Austin Country......