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