Commodities

Gold Up Ahead of Fed Policy Decision

By Administrator_India Capital Sands The dollar rose during the previous session after a recent weak spell, buoyed by expectations that today’s Federal Reserve meeting will pursue a policy of keeping interest rates low and controlling inflation. The greenback’s fall on Wednesday helped gold pull back some of its lost territory. Other actors influencing the precious metal’s price include […]

India's April gold imports plunge 99.9% to three-decade low
Commodities

India’s April gold imports plunge 99.9% to three-decade low

By Administrator_India Capital Sands India’s gold imports plunged 99.9% year-on-year in April to their lowest in nearly three decades as air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus, a government source said. The world’s second biggest consumer of the precious metal imported around 50 […]