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World Gold Council Regional Ceo

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'TN's finances are a mess, it's not going to be easy'

 'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.''We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance......

Record high prices to weigh on demand for gold

 The demand for gold is expected to take a hit if the price of the yellow metal — which has been hovering around Rs 60,000, a level never seen before — remains elevated. Illustration:......

Global gold demand rises 28% to 1,181.5 tonnes in Q2

 Retail investment demand for gold bars and coins as well as central bank purchases pushed the global gold demand by 28 per cent to 1,181.5 tonnes in the September quarter, according to the World......

Hike in import duty on gold may fuel smuggling

 The government has hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal. Illustration: Dominic......

India's Q1 gold demand declines 18% to 135.5 tonnes

 India's gold demand declined 18 per cent to 135.5 tonnes in the first three months of this year, mainly due to a sharp rise in prices, according to the World Gold Council (WGC). Photograph: Petar......

Gold price likely to cross Rs 55,000/10gm in 2022

 Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross the Rs 55,000-per-10-grams level amid pandemic woes, inflation......

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