Gold demand to surge by 70% during festive season

Gold demand during the festive season of Dhanteras, Dusshera and Diwali will surge by up to 70 per cent despite a rise in price of the yellow metal, according to gold jewellers and traders. The price of gold is expected to go up by almost Rs 2,000 per 10 grams during the season.“The festive season is approaching, a season where people give gold items as gifts to each other. So the demand of gold is expected to grow by 65 to 70 per cent till the end of November,”...Read More