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The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the seventh consecutive meeting as inflation remains within the target range. The repo rate remains at 6.5% per annum, as predicted by most analysts and economists.
Consumer prices in India rose by 5.1% in February, which...

By Rhod Mackenzie

For most of the last decade, the price of gold has been driven by the cost of money (interest rates): the lower the base rate fell, the higher the gold price went, and vice versa. Most analysts say that gold is the "anti-dollar", i.e. the asset that investors who do not trust fia...