India’s jewellery demand dips 41% to 11-year low in March quarter: WGC

India’s desire for gold jewellery slumped 41 for every cent in the quarter finished March 2020 to seventy three.9 tonnes – a eleven-yr reduced – as coronavirus pandemic brought on a rally in gold rates, stated Entire world Gold Council (WGC) in its most current report on gold desire traits produced Thursday. The slide is sharper than the 39 for every cent drop found entire world more than, which is approximated at 325.eight tonnes.

ALSO Study: Gold can strike $3,000/oz as investors turn into danger-averse: BofA Securities

On the other hand, desire for gold jewellery in China – the major

Read More