China Strengthens its Gold Empire, Now India Needs to Create its Gold Policy: SBI Research

SBI Research has warned that China has established a strong gold empire globally by strengthening its control over the precious metal, leading to dominance on the global stage. Now, the research suggests that India needs to create its own gold policy to effectively manage domestic gold reserves and investments. With the soaring prices of gold, there is a need for a comprehensive policy to handle the fluctuating prices effectively, especially as India is among the largest markets for the yellow metal.