U.S. demand squeezes India's gold supply, leasing rates rise to record

​Gold leasing rates in India have doubled within a month to a record high, following the overseas market, where rates jumped due to a supply crunch as global banks divert the precious metal to the United States.

Feb 12, 2025 - 20:57
 0
U.S. demand squeezes India's gold supply, leasing rates rise to record
​Gold leasing rates in India have doubled within a month to a record high, following the overseas market, where rates jumped due to a supply crunch as global banks divert the precious metal to the United States.