47: Will Diwali purchases spike gold demand in India?

47: Will Diwali purchases spike gold demand in India?

All Things Markets

Share Podcast:
Demand for gold dropped to 892 tons in July-September period, as consumers and investors continued to battle the effects of the global pandemic. Although jewelry demand improved from the previous three months record low, the combination of continued social restrictions, economic slowdown and a high gold price was a hindrance for many jewelry buyers. Between January and end-September, the US-dollar gold price had increased by 25%.  According to Wo...
Read More
Demand for gold dropped to 892 tons in July-September period, as consumers and investors continued to battle the effects of the global pandemic. Although jewelry demand improved from the previous three months record low, the combination of continued social restrictions, economic slowdown and a high gold price was a hindrance for many jewelry buyers. Between January and end-September, the US-dollar gold price had increased by 25%.  According to Wo...
Read More