India's gold market sees dramatic price spikes, falling imports, and weak consumer demand in March – WGC
– Skyrocketing prices squeezed consumers out of the local gold market and contributed to narrower discounts and weaker imports, but the country saw continued physical demand from investors and big purchases from the central bank, according to Kavita Chacko, Research Head for India at the World Gold Council .China's gold consumption rises 5.
– Even as prices set new all-time highs, the latest government and industry data showed that China continued to consume the lion’s share of global gold production.Web3 software developer Consensys has filed a lawsuit against the SEC for the regulator's efforts to label Ether as a security, arguing that it is clearly a commodity.
- Soaring debt levels threaten to render the Federal Reserve powerless, taking away its ability to fight inflation, warned Tavi Costa, macro strategist at Crescat Capital. – Even as spot gold trades $100 lower than the all-time high set on April 12, the supply, demand and price distortions continue to impact local gold markets around the world.