India
3 articles tagged India, newest first. Every price call in these articles was recorded when published and later checked against market data — see the track record.
The RBI Burned $59.7 Billion in Six Weeks. Gold Moved $5.97 All Session.
India's reserves fell a fifth straight week to $726.027 billion as the RBI defends the rupee against a $108 Brent import bill. Gold closed at $4,164.73, down $3...
India Just Moved Its Crude Bill Off the Spot Market. The Barrels Didn't Move at All.
The RBI will sell dollars directly to IOC, BPCL and HPCL from Monday to keep their crude purchases out of the spot market. The import demand doesn't vanish — it...
India Raised $44.9 Billion in a Week Without Touching Bullion — and Gold Barely Blinked
The RBI's record reserve build came from dollar swaps while its gold line contracted. Gold closed at $4,348.33, down 54 cents, in a $1.65 range.