Modi, India and Russia
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An Indian economic slowdown in 2026 may pressure gold prices due to increased liquidation of gold-backed collateral, warns WGC.
RBI Governor Sanjay Malhotra today said the Indian economy has exhibited “remarkable resilience” despite unfavourable and challenging external environment. Malhotra said domestic economic activity is holding up in Q3.
He said that the Russian delegation did not only come to discuss energy issues and sign contracts for the supplies of oil and gas.