World's eye on gold instead of oil, warns the governor of the RBI, golden double sword

The world’s eye on gold instead of oil, warns the RBI Governor investors, made gold, the two swords last updated: October 3, 2025, 23:35 IST RBI -Governor Sanjay Malhotra said Gold has now become a new barometer of global uncertainties. Earlier, where oil prices are used to judge the economic situation, the eyes of investors are now on gold. The RBI Governor Sanjay Malhotra said that the boom of gold is now a sign of danger. (Image: Pti) New -Delhi. Sanjay Malhotra, Governor of the Reserve Bank of India (RBI), said gold prices are more accurate, not oil, not oil. He said the prices of oil used to bounce quickly, earlier in the case of geopolitical tension or economic crisis, but now the effect of oil has dropped and gold has taken its place. Changing global picture Malhotra said that almost every country is currently under economic pressure. The trek and geopolitical tension of business policies can affect the growth rate of many economies. He warned that investors should be careful, as correction could be seen in the stock market soon. The RBI also maintained the repo rate at the monetary policy meeting at 5.5% and said that the future picture remains vague. The RBI Governor said in the Kautilya Economic Conference 2025 that oil prices were considered a barometer of the global economy for the first decades. But now the oil share in GDP has reduced. This is why oil prices remain stable despite geopolitical tension. On the contrary, gold prices are rapidly up and down and this has become a new indication of global uncertainty. Gold has reached a record level over the past seven weeks, and gold prices have been constantly seen. The place reached $ 3.867 per gram on Friday. At the same time, a day before it reached a record level of $ 3,896.9 an ounce and closed with a slight fall. Experts believe that investors are moving quickly as gold as a safe option. About the Author Rakesh Singh Rakesh Singh is a main editor with 14 years of experience in media and publication. International matters, politics and agricultural areas of interest. Many articles written by Rakesh Singh published in … Read more Rakesh Singh is a editor -in -chief with 14 years of experience in media and publication. International matters, politics and agricultural areas of interest. Click here to add many articles written by Rakesh Singh published in … Read more to add News 18 as your favorite news source on Google. Location: New -delhi, Delhi First Published: 03 October 2025, 23:35 IST Homebusiness Oil Instead of World Eye On Sleep