Gold is generally considered a safe investment during economic and political uncertainties. Last year, when the global economic situation became dire due to the Covid-19 pandemic, investors rushed into the safety of gold which saw prices rise to multi-year highs. An all-time low Indian rupee and a hike in custom duty on gold have kept domestic prices somewhat in check from a steeper fall.
Oil falls as economic jitters dampen demand outlook
Crude oil prices experienced a decline in early Asian trading due to investor concerns about demand growth amid the ongoing U.S.-China trade war. Economists fear
April 29, 2025