Yes, interesting as Indian jewellery trends have in the past been seen as important to the gold price.
It seems the current bullish factors are overiding the negatives such as this. For example the pending fall in world gold production from gold mines will I believe completely outweigh the fall in Indian consumption due to the higher gold prices.
Good post though, the gold market is complex and it is always interesting to hear of the influences in play.
acturtle
- Forums
- ASX - General
- gold in india
gold in india, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?