India -

India’s gold imports hit a three-and-a-half year high

October 7, 2024October 11, 2024David Rutman

India’s gold imports soared to their highest level in over three years, reaching 125 tonnes in August 2024, fueled by strong consumer demand and industry restocking ahead of the Diwali season and Q4 festive celebrations. This represents a significant 58% increase year-on-year and an impressive 212% jump from July, according to data from the World […]

BRICS is considering a new currency. Here’s what you need to know

October 6, 2024October 6, 2024David Rutman

Rumors have swirled around the potential unveiling of a BRICS economic alliance currency, thought to be called “the unit,” that will put further pressure on the U.S. dollar amid rising de-dollarization efforts from countries looking to increase economic sovereignty. It’s hardly the first time America’s adversaries have attempted to knock the U.S. dollar away from […]