ET Now Inight: Why Gold Is Getting Costlier? | India Tonight

India may not be looking like such a shiny destination for global banks. Despite the festive season, India's gold imports have fallen, and by quite a bit. Compared to the previous year, India imported 30% less gold in September. Gold suppliers are looking at greener pastures like China and Turkey because of the premiums. Gold is becoming a costlier affair. Gold premiums are rising around the world, except India. The yellow metal has always been considered a safe investment bet. Amidst fears of global recession, the demand for gold is rising. On India Tonight, ET Now's Vikram Oza dives into the gold market as we are joined by Sugandha Sachdeva, VP-Commodity & Currency Research Religare Broking Ltd. with more insight...tune in!Read More