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  2. Gold - Wikipedia

    en.wikipedia.org/wiki/Gold

    India: 442.37: 745.70: 986.3: 864: ... In August 2020, the gold price picked up to US$2060 per ounce after a total growth of 59% from August 2018 to October 2020, a ...

  3. The Gold (Control) Act, 1968 - Wikipedia

    en.wikipedia.org/wiki/The_Gold_(Control)_Act,_1968

    The Gold (Control) Act, 1968 is a repealed Act of the Parliament of India which was enacted to control sale and holding of gold in personal possession. High demand for gold in India with negligible indigenous production results in gold imports, leading to drastic devaluation of the Indian rupee and depletion of foreign exchange reserves to alarming levels.

  4. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    Gold price Gold prices (US$ per troy ounce), in nominal US$ and inflation adjusted US$ from 1914 onward. Price of gold 1915–2022 Gold price history in 1960–2014 Gold price per gram between Jan 1971 and Jan 2012. The graph shows nominal price in US dollars, the price in 1971 and 2011 US dollars.

  5. Analysis: Behind the price rise of gold and silver

    www.aol.com/analysis-behind-price-rise-gold...

    May 20 marked an all-time high price for gold, at a spot price of $2,435.96 per ounce. Gold futures were higher at $2,438.50. Spot silver also rose to $32.17, an over 11-year high.

  6. Gold worth tens of billions smuggled to the UAE each year ...

    www.aol.com/news/gold-worth-tens-billions...

    These discrepancies between declared exports and declared imports do not exist for Switzerland and India, the other two major gold importing countries for African gold. ... With the gold price ...

  7. Why gold prices are at record highs

    www.aol.com/why-gold-prices-record-highs...

    The price of spot gold reached $2,364 per ounce Tuesday after hitting record highs for seven straight sessions and trading at $2,336 per ounce Monday. Year on year, gold is up 16.5%.

  8. Gold reserve - Wikipedia

    en.wikipedia.org/wiki/Gold_reserve

    A gold reserve is the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money ), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency . The World Gold Council estimates that all the ...

  9. Foreign-exchange reserves of India - Wikipedia

    en.wikipedia.org/wiki/Foreign-exchange_reserves...

    India's total foreign exchange (forex) reserves stand at around US$ 598.89 billion on 08 sep 2023, with the foreign currency assets (FCA) component at around US$530.691 billion, gold reserves at around US$44.939 billion, special drawing rights (SDRs) with the International Monetary Fund (IMF) of around US$18.195 billion and around US$5.073 ...

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