Economists are predicting a possible interest rate cut by the Reserve Bank of India (RBI) in April after retail inflation fell below the central bank’s target. Retail inflation dropped to 3.61% in February, and increased farm output is expected to keep food prices stable.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest