Gold demand in India traditionally peaks during festivals, especially Dhanteras and Diwali. Hence,
consumers will take advantage of the off-season buying. This in-turn will push retailers to stock and give boost to manufacturing. The bottom line is that the jewellery demand will rise but investment demand will take some more time to pick up.
consumers will take advantage of the off-season buying. This in-turn will push retailers to stock and give boost to manufacturing. The bottom line is that the jewellery demand will rise but investment demand will take some more time to pick up.
Ankur Rungta
Director, KKM Gold
New Delhi
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