SUBSCRIBERS
If you want to learn about gold prices, speak to an Indian farmer
Published Tue, Nov 10, 2015 · 09:50 PM
London
TO gain insight into the weakening gold market, talk to an Indian farmer.
In a country where an estimated 800 million people depend on agriculture and many revere gold as an ornament and store of wealth, growers flush with cash during harvest season have helped India vie with China as the world's largest buyer of bullion.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Maersk says Red Sea disruption will cut capacity by 15-20% in Q2
China’s Sinopec in talks for gas offtake, stake in Canada’s Cedar LNG
Coffee variety is priciest since 1970s in blow to instant brews
Gold dips as US dollar edges higher, investors seek more Fed cues
Saudi Arabia posts budget deficit of US$3.3 billion in first quarter
Saudi Arabia hikes oil selling prices for all grades to Asia