India holds key to demand for gold
Investment and jewellery demand have been key drivers behind the steady rise in gold prices over the past few years, and current weakness in jewellery demand is a worrying sign, said GFMS chief executive Paul Walker. “My concern is that this market is … Scrap volumes exceeded total fabrication demand in the first quarter of this year, another worrying sign as jewellery demand performed extremely poorly in the first half of the year. India, the world’s largest consumer …
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India holds key to demand for gold
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