Indian gold buyers ignored record prices and bought extensively for Dhanteras and Diwali, expecting gold’s value to rise further. Strong gold demand could boost global prices and widen India’s trade deficit. Gold investments are seen as more lucrative with stock market performance cooling.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed