Global demand for precious metals has surged significantly in 2024. Central banks around the world, including those in emerging markets, have maintained their status as net buyers of gold for over a decade. This year alone, they collectively acquired over 500 tonnes of gold, highlighting their efforts to diversify reserves in response to ongoing economic uncertainties, according to the report.
"We believe that e-Two-Wheelers (2Ws) are ready for disruption, particularly urban focused scooters are at risk of faster electrification," MOFSL report said.