Credibility in Gold Price Determination Must Be Preserved: MP Ahammad, Chairman, Malabar Gold & Diamonds
Kolkata, January 19, 2026: Malabar Group Chairman M.P. Ahammad has cautioned that certain emerging practices in gold price determination in India deviate from established norms and risk undermining the long-standing credibility of the country’s gold trade. He said gold prices are determined by three key factors: international gold prices, the exchange rate of the Indian…