Global central banks are reducing US Treasury holdings and increasing gold reserves. India’s gold reserves surpassed $100 billion. Gold prices experienced a significant drop, which is expected to boost demand from investors and central banks. This shift indicates a diversification strategy amid political uncertainty. The trend shows a move away from dollar assets towards gold.
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Govt’s fuel duty cut seen as timely cushion; markets may have passed peak panic: Deven Choksey
In a volatile global environment marked by elevated crude prices and geopolitical uncertainty, the Indian government’s decision to cut excise...
