Reuters |
Gold price increase to dampen Indian festive purchases - WGC
Reuters MUMBAI (Reuters) - Indian gold demand in 2018 is expected to fall from the previous year as a rally in local prices to five-year highs is likely to dent purchases during key festivals in the December quarter, the World Gold Council (WGC) said on Thursday. Gold price increase to dampen Indian festive purchases: World Gold Council UAE gold retailers pin hopes on VAT refund for tourists Gold demand steady in Q3, as central banks and consumer purchases offset ETF outflows |
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