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The Gold Market in India: Dynamics and Forecast for 2024
The World Gold Council (WGC) recently released a report revealing a 5% decline in gold demand in India during the second quarter of 2024 compared to the same period last year. However, consumption is expected to improve in the second half of 2024 due to a correction...
CrowdStrike IT Outage: Global Impacts on Flights and Shipments
The recent CrowdStrike update caused a massive disruption of IT systems, leading to the delay or cancellation of thousands of flights worldwide over the weekend. Airport and airline systems were affected, leaving passengers stranded and creating a huge backlog to deal...
Maritime Freight Growth: An Analysis of Current Trends and Future Prospects
In the past week, spot rates of sea freight rates reached their highest levels of the year on major global trade routes. However, the rate of price growth has started to slow down after a surge at the beginning of the month. Signs indicate that prices may have...
Platinum Imports to India: A Game of Laws and Opportunities
Platinum imports into India in the past four weeks, starting in mid-June, have surpassed the 2023 total, as bullion traders exploited a loophole by registering alloys containing about 90 per cent gold as platinum to avoid higher duties, according to reports from...