India Gold Investors Demanding Gold Bars, not Jewelry

Precious Metals

Mineweb reported that demand for gold bars is outstripping jewelry demand in India.

Mineweb reported that demand for gold bars is outstripping jewelry demand in India.

As quoted in the market news:

Given the extreme price volatility in gold, many investors have bought back bars they sold a few days ago at lower prices. Many are also opting for recycling old gold jewellery rather than buying any new items.

Click here to read the full Mineweb report.

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