World Gold Council comment on March Q says "Robust demand- on the back of lower gold prices and wedding demand- along with restocking from jewelry manufactures and retailers are responsible for driving official imports to India."
China year on year gold consumption surged 93.9% as 1st Q demand rebounded to pre- pandemic levels
Meanwhile US states are removing taxes on gold , silver, platinum and Palladium bullion and coins.
RRL Price at posting:
$2.65 Sentiment: Buy Disclosure: Held
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