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00:00Why gold is now cheaper in India than gulf countries?
00:09Global gold prices decline.
00:11Gold prices in India have fallen below those in the gulf.
00:15This is due to a decline in global gold prices.
00:18Tensions in the gulf keep prices high there.
00:23Gold
00:46prices abroad
00:47Why are gold prices falling in India?
01:09Gold saw its sharpest three-year drop, with US prices down 4.5% to a two-month low near
01:15$2.00, 560, 3.25 slash troy ounce.
01:22Dollars strengthening The strengthening dollar makes gold more expensive, pressuring global
01:27demand.
01:30Increased gold demand in India Wedding season and festive shopping boost India's gold
01:35demand, yet prices are below September highs.
01:41Global economic signals US economic resilience reduces chances of Fed rate cuts, keeping
01:47rates high and impacting gold prices.
01:52Why are gulf and Singapore prices higher?
01:55Middle East tensions, especially the Israel-Gaza conflict, boost gold as a safe haven, driving
02:02up gulf prices.
02:06Increased gold demand in the gulf Retail and institutional gold demand rises
02:10in countries like Qatar and Oman as people seek safe havens.
02:17Global gold prices decline Global gold prices have fallen sharply since
02:21October's record high, down 7% since last month.