Muted Demand During India's Second-Biggest Gold-Buying Festival, After Prices Surge
Muted Demand During India's Second-Biggest Gold-Buying Festival, After Prices Surge Gold demand during one of India's key buying festivals stayed muted on Sunday as record prices curbed jewellery purchases, offsetting a modest uptick in investment demand, according to Reuters. Indians celebrated Akshaya Tritiya, the second-biggest gold-buying festival after Dhanteras, when purchasing precious metals is considered auspicious. Only this time near record gold prices - the precious...
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