Business Daily – Follow the money: Your Diwali gold necklace – BBC Sounds

Episode detailsWorld Service,03 Nov 2026,17 mins

Available for over a year

Gold is worth about twice what it was four years ago, so who profits when a Hindu family buys gold during the Diwali festive period? Sam Fenwick traces the gold supply chain from a mine that digs up 140 tonnes of rock for a single ounce of gold to a Delhi jeweller, examining the role of central banks and refiners along the way. (Photo: A jewellery shop in Bangalore, India, 13 October 2025. Credit: Jagadeesh Nv/EPA/Shutterstock) You can email the team: [email protected] Producer: Josh Martin and Huma Shah

Programme WebsiteMore episodes

Hot this week

Rubio urges Venezuela to release remaining political prisoners

The US has urged Venezuela to release the remaining...

Indian tourist killed after helicopters collide near Everest base camp

An Indian tourist has died after two helicopters collided...

US strikes Iranian island ahead of midterm elections

The US has carried out strikes on Iran's Qeshm...

Agoa: Donald Trump to remove Rwanda and South Africa from US trade deal

US President Donald Trump has notified Congress of his...

Florida plane crash investigators say jet may have broken apart before impact as family named

Investigators believe parts of a private jet which crashed...

Topics

Rubio urges Venezuela to release remaining political prisoners

The US has urged Venezuela to release the remaining...

Indian tourist killed after helicopters collide near Everest base camp

An Indian tourist has died after two helicopters collided...

US strikes Iranian island ahead of midterm elections

The US has carried out strikes on Iran's Qeshm...

Agoa: Donald Trump to remove Rwanda and South Africa from US trade deal

US President Donald Trump has notified Congress of his...

Car finance: Compensation payments explained

Image source, Getty Images ByKevin Peachey Cost of living correspondent Millions of...

Jesus de Miguel: Tenerife striker dies after on-field collision

Tenerife striker Jesus de Miguel has died after the...

Related Articles

Popular Categories