The London ECM Next Weekend
We have reached a critical crossroads in the world economy. May 7th, 2024, was a profound turning point that changed the course of events as they are starting to [...]
India surprised everyone. They did not remove the tax on gold and in fact increased it. India is the number-one consumer of gold jewelry. Sales have declined recently because many expected the tax to be lifted. A near 10% tax on gold has been rather high. Nevertheless, the government sees this as a capital outflow.