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Episode details

World Service,05 May 2023,26 mins

The price of gold is rising

World Business Report

Available for over a year

The US banking crisis, which has seen three banks collapse, is pushing the price of gold up. Chinese consumers and central bank purchasing the precious metal is adding to its demand. We will be finding out what this means for consumers and retailers. Apple have reported revenue falling by 3% to nearly 95 billion dollars this last quarter - the CEO, Tim Cook has highlighted growth in India as a key market for them. We take a look at why the tech giant is investing a lot on money in the country. The coronation of King Charles the third will be a theatrical affair unlike anything seen for nearly seven decades, and it'll be watched by millions around the world. Our presenter Sam Fenwick will be bringing us the latest on the stories. (Picture: One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer in Switzerland. Credit: Reuters)

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