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The Economic Times
The Economic Times
Business

India gold prices soar 4.1% in May despite decline in global prices: World Gold Council

Gold India the World Gold Council United States Narendra Modi

New Delhi: Gold prices in India rose 4.1 per cent in May even as global gold prices declined 1.4 per cent during the month, according to the World Gold Council's latest Gold Market Commentary report.

The report noted that gold ended May at USD 4,546 per ounce globally, with prices declining in most major currencies. However, India and Turkey were among the few markets that recorded gains during the month.

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