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The Economic Times

Markets / The Economic Times

Jefferies says Gold enters consolidation phase after retail-driven frenzy buying this year

Global investment firm Jefferies in its latest report said that gold has entered a consolidation phase following a strong retail-driven buying surge seen late last year and early this year across key markets including India, China and the United States.

17 Apr 2026 11:31 am
Indian banks halt gold, silver imports amid delay in government clearance, sources say

Indian banks have halted gold and silver import orders as a fresh government authorisation under DGFT is still pending, leaving tonnes of bullion stuck at customs. India, a top global consumer, risks supply shortages and rising premiums if delays continue.

17 Apr 2026 10:01 am