Rushing to the yellow metal

Rushing to the yellow metal

It may sound weird that the price of gold is fixed daily based on domestic and international economic indicators despite the discontinuation of its official import over a decade ago, but that is the reality today. Stakeholders of various commodities usually fix prices based on local and import taxes and duties, demand and supply situation, and rupee-dollar parity. Perhaps the yellow metal is one of the only commodities over which no official or …

Precious Metals Prices: "Yellow Metal" Come Out on Top Again

The Global Precious Metals MMI (Monthly Metals Index) saw a significant bullish action month-over-month, rising by a total of 8%. The U.S. precious metals market (and precious metals prices in general) saw dramatic swings over the past five weeks amid a backdrop of stubborn inflation, evolving interest rate expectations, new tariffs and geopolitical tensions. All […]