BRICS nations are quietly reshaping the global financial landscape by strengthening their grip on gold reserves and reducing long-term dependence on the US dollar. While official data shows BRICS members holding around 20% of global gold reserves, the bloc and its closely aligned partners now account for nearly 50% of…
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Gold Shines, Jewellery Stocks Sink: Why It Happened
Jewellery stocks on Dalal Street have sharply underperformed gold prices over the past year, raising concerns among investors. While gold prices have surged over 70% year-on-year, most listed jewellery companies have seen steep declines, with several stocks crashing between 30% and 45%. The divergence highlights a crucial market reality: soaring…