Why are gold prices rising? Finance minister Nirmala Sitharaman explains

2026-02-23 - 08:33

Finance Minister Nirmala Sitharaman attributed rising gold prices to increased buying by central banks and strong domestic demand. She assured that the government is monitoring the situation, noting it hasn't reached alarming levels. Sitharaman also stated the finance ministry is assessing the impact of a US Supreme Court ruling on tariffs.