November 8, 2026
Business

What are gold-backed stablecoins and can they become the future of digital gold investing?(Soban News)

As gold prices rise amid West Asia tensions, India increases customs duty on gold to 15% to conserve foreign exchange. With gold imports hitting a record $71.98 billion, discussions on gold-backed stablecoins emerge as a potential investment option for households and a hedge against inflation.

​As gold prices rise amid West Asia tensions, India increases customs duty on gold to 15% to conserve foreign exchange. With gold imports hitting a record $71.98 billion, discussions on gold-backed stablecoins emerge as a potential investment option for households and a hedge against inflation. by Soban News (international And National News)

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