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India gold prices soar 4.1% in May despite decline in global prices: World Gold Council
Indian gold prices saw a notable increase in May, defying global trends. This rise occurred even as international gold prices dipped. Local currency weakness and policy adjustments contributed to the gains. The World Gold Council report highlights India's resilience amidst geopolitical tensions and market volatility. Demand from India and other key markets could support gold prices going forward.
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thehindubusinessline.com
India gold ETFs see first monthly outflow in a year as investors book profits
Outflow follows hike in import duty to 15 per cent as prices hit ₹1,64,497 per 10 grams
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economictimes.indiatimes.com
India gold prices soar 4.1% in May despite decline in global prices: World Gold Council
Indian gold prices saw a notable increase in May, defying global trends. This rise occurred even as international gold prices dipped. Local currency weakness and policy…