Indian Finance Minister Explains Rising Gold Prices
India's Finance Minister Nirmala Sitharaman attributed the rise in gold prices to increased buying by central banks and strong domestic demand, assuring that the government is monitoring the situation.
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Why are gold prices rising? Finance minister Nirmala Sitharaman explains
Finance Minister Nirmala Sitharaman attributed rising gold prices to increased buying by central banks and strong domestic demand. She assured that the government is monitoring the situation, noting it hasn't reached alarming levels. Sitharaman also stated the finance ministry is assessing the impact of a US Supreme Court ruling on tariffs.
By TOI BUSINESS DESK
Read full article →'Seasonal, Situation Not Alarming': Finance Minister On Gold-Silver Prices
The government is closely monitoring gold and silver prices, and the situation is not alarming, Union Finance Minister Nirmala Sitharaman has said, adding that the high-pitched demand in the domestic market appears to be "seasonal".
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