3 Things Why gold is skyrocketing, money trail of a scam, and Tejashwi's new promise
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Oct 23, 2025 Udit Misra, an economics reporter, discusses the recent surge in gold prices, highlighting gold’s role as a hedge in uncertain times. He connects the price spike to decreasing trust in traditional investments and central banks. Ritu Sarin, an investigative journalist, reveals the alarming details of a digital fraud case involving a stolen ₹5.85 crore, explaining the role of mule accounts and complicity from bank officials. Lastly, Tejashwi Yadav shares his ambitious promises in Bihar, focusing on job creation and women's welfare schemes.
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Bond Yields And Gold Move Together
- Rising gold and bond yields show investors doubt both companies' returns and governments' ability to repay.
- When bonds demand higher yields, investors shift to gold, pushing its price up further.
Central Banks Buying Gold, De‑Dollarization Rising
- Some central banks, including China and Russia, are diversifying reserves into gold to reduce dollar reliance.
- This de-dollarization trend increases global gold demand and reflects declining trust in the dollar.
Massive Scam Used Thousands Of Accounts
- A 72-year share trader lost ₹58 crore in a digital arrest fraud and criminals used 6,500 accounts to scatter funds instantly.
- The rapid dispersal prevented freezing and turned the crime into a massive interstate investigation.