Surge in Gold Jewellery Recycling Expected to Reach Record Levels
The World Gold Council has forecasted that a record amount of used gold jewellery will likely be sold in India, reflecting the growing trend of individuals leveraging the advantageous market conditions to unlock the value of their assets.
WGC: Jewellery demands may face headwinds during Diwali
"We are dealing with higher import duty, erratic monsoon, slowing economic growth and then very volatile and all-time high gold prices and the demand really seems to be taking a backseat amongst all of this," says PR Somasundaram, MD-India at World Gold Council
India's gold demand hits 7 year low says World Gold Council Report
Gold demand in the country has suffered drastic downfall by 21 per cent mainly because of demonetization.
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