Indians cut back on buying as gold prices rise ahead of Diwali
BENGALURU / MUMBAI: Gold purchases in India lost momentum this week as prices peaked 2-1 / 2 months ahead of major festivals, while discounts in major consumer China fell on a rising yuan. Indians celebrate Diwali and Dhanteras holidays next week. “Retail demand has started to decline due to rising prices. Even jewelers have cut […]
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