India Gold Demand up During Marriage Season

Mineweb reported that Indians are spending on gold in preparation for the traditional wedding season.

As quoted in the market news:

With the country hosting 10 million marriages every year, traders said almost 70% of gold jewellery is sold in India during the wedding and festival season. One estimate has it that gold and jewellery make up 50% of total Indian marriage expenses.

Click here to read the full Mineweb report.