Although gold hit a record high of $4,381.58 per ounce on October 17, central banks around the world continued to buy the precious metal, data from the World Gold Council (WGC) shows. However, gold purchases by them are lower than in the last three years, compared to the January-October period. “Central bank demand for gold […]
CHENNAI: 22/07/2025: A look at the American Doller…..Photo: SRINATH M/ THE HINDU | Photo credit: SRINATH M India’s foreign exchange reserves rose by $4.49 billion week-on-week to $702.28 billion on October 17, mainly led by a sharp increase in gold reserves, according to data released by the Reserve Bank of India. Foreign currency assets (FCA) […]
CHENNAI: 22/07/2025: A look at the American Doller…..Photo: SRINATH M/ THE HINDU | Photo credit: SRINATH M India’s foreign exchange reserves rose by $4.49 billion week-on-week to $702.28 billion on October 17, mainly led by a sharp increase in gold reserves, according to data released by the Reserve Bank of India. Foreign currency assets (FCA) […]