Central banks across the globe are on a historic gold-buying spree, and it’s not just about market timing—it’s about preparing for a more uncertain world. Chakravarthy V, a wealth advisor, captured the moment in a LinkedIn post: “Central banks are now buying over 1,000 tons of gold a year. That’s more than 1 in every
Gold is the preeminent feel-good asset in times of economic distress—and paranoia. President Donald Trump loves gold. He uses it to adorn his properties. So it is perhaps fitting that gold is experiencing a tremendous bull run during his second term. The SPDR Gold Shares exchange-traded fund (ticker: GLD) is up about 28% this year,
Last Updated:May 28, 2025, 09:43 IST Gold prices in India drop by Rs 100 per 10 grams on May 28, 2025. In Mumbai, 22-carat gold was Rs 89,350, and 24-carat gold was Rs 97,480 per 10 grams. Gold Price Today, May 28. Gold Rates Today In India, May 28: Gold prices fell in India by
Gold prices surged 18 per cent year-on-year (Y-o-Y) in the June quarter to $2,338.2 an ounce (oz), reaching a record of $2,427/oz. They were up nearly 13 per cent compared with the December 2023 quarter. India is the second-largest consumer of gold, after China. Indian households hold a whopping 25,000 tonnes of gold, according