Gold prices at record high! Festive demand drops 25%; coins and bars investments surge

Gold demand by volume fell 25% this Dussehra, reaching 18 tonnes, primarily due to significantly higher prices compared to last year. Despite the volume decline, sales value rose 30-35%. Customers are pre-booking for upcoming festivals, and lightweight jewellery, gold coins, and old gold exchanges sustained sales, showing varied regional trends.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/fRyZBTv

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