Central banks worldwide are playing a pivotal role in driving the ongoing bull run in gold prices. This article aims to dissect the intricate connection between central bank actions and the surge in gold prices, shedding light on the factors contributing to this phenomenon. Understanding Central Banks’ gold accumulation Diversification Strategy: Central banks are actively … Read more
Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the yellow metal. Multiple catalysts like US rate cut speculation, China’s economic stimulus, and renewed geopolitical tensions attributed to the rise in prices. Prices on the London spot market surged near to … Read more
NEW DELHI: Private equity-backed mergers and acquisitions in Asia have started the year on a low note, experiencing the worst beginning in almost ten years. Data indicates a decline in dealmaking in China and uncertainties in the economic and geopolitical landscape, affecting overall sentiment. According to preliminary data from LSEG, PE-backed M&A in Asia amounted … Read more
These beans have particularly become very popular among China’s Generation Z Young Chinese people have recently developed an appetite for gold products and are increasingly purchasing ‘gold beans’ as a safe investment amid economic uncertainty. These pill-like beans only weigh approximately one gram and are priced between 400 and 600 RMB (Rs 5,209 and 7,814) per unit. The Straits … Read more
GENEVA: International patent filings declined last year for the first time in 14 years due to higher interest rates and economic uncertainty, the UN said Thursday, with India among the few countries bucking the trend.A total of 272,600 international patents were filed in 2023, marking a 1.8-percent decline from a year earlier, the United Nations‘ … Read more