Followers

Monday, May 16, 2022

Spiraling inflation may boost gold demand as a hedge: Report

Despite the World Gold Council's projection of a dip in consumer demand for the precious metal this fiscal on the back of rising prices and record imports last fiscal, a foreign brokerage report has suggested that the demand may rise more than generally projected as households may snap up the metal as a hedge against spiralling inflation.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8qaIArD

No comments:

Post a Comment

Hello Kitty's spy drama lands in hot water: What went wrong with Sanrio in China

Sanrio has come under fire in China for its collaboration with the Japanese drama VIVANT, which many viewers found offensive. The show's...