India Gold Investors Demanding Gold Bars, not Jewelry

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.