The Rise of Gold in Central Bank Portfolios

Today’s Daily Byte

On April 2nd, the anticipated fear surrounding Trump’s tariffs has mostly dissipated. The tariffs have been imposed, and reciprocal tariffs have also been levied. The anxiety that the market had been building up to regarding this issue — thinking that the market would face an impending collapse on the night of April 2nd — has not come true.

In fact, markets have remained relatively stable, and many experts are suggesting that India could be a potential beneficiary of the current global tariff structure. We’ll explore this more in the second half of the video

Reading Time : 4 Minutes

Formalization of Economy is Extremely Critical !

A very interesting dataset has come from Blume Report highlighting the transformation happening in sectors like jewelry. In 2000, a staggering 95% of the jewelry market was unorganized—mostly running on cash, with no branding or regulatory structure.

Today, about 40% has transitioned into the organized segment, with players following GST norms, accepting digital payments, and complying with new rules like hallmarking and cash transaction limits. This shift indicates that the parallel cash economy is being slowly absorbed into the formal ecosystem. . . . .

Reading Time : 3 Minutes

The Momentum Podcast

Get ready to dive into an inspiring investing tale!

Join us on WeekendInvesting's The Momentum Podcast Epsiode 1 as Yassar, a Dubai-based engineer-turned-investor, reveals his 15-year journey—from Wall Street fascination to mastering systematic trading.

Hear Alok and Yassar talk about Real estate, Gold, Crypto and many hard-earned lessons, and practical tips for navigating markets.

Gold is replacing USD in reserves. Fast!

Shifting Composition of Global Forex Reserves

A fascinating chart shared by William Middlekoop on X shows how central banks across the world are rebalancing their foreign exchange reserves. The blue line tracks the percentage of reserves held in US dollars, which has dropped from 66% to about 58% over the past decade. This indicates a gradual but clear move away from the dollar as a reserve currency. . . .

Reading Time : 3 Minutes