Indian Gold Market: Prices Soar 13% as Investment Demand Offsets Jewelry Slowdown

25.03.19

Gold continues its remarkable momentum in India, with domestic prices gaining 13% year-to-date and reaching a record ₹88,946 per 10g as the global price surpassed $3,000 per ounce. While higher prices are dampening jewelry purchases, they’re boosting old gold sales, with investment demand remaining strong through ETF inflows. Despite February…

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