Perspective on the Gold & bullion industry by Mr. Darshan Desai, CEO, Aspect Bullion & Refinery
Below the Perspective on the Gold & bullion industry by Mr. Darshan Desai, CEO, Aspect Bullion & Refinery
“Gold prices are under pressure due to a stronger US dollar, rising bond yields and inflation concerns. The upcoming US Federal Reserve meeting will be important in determining the near-term price trend.
In India, festive and wedding demand continues to support bullion buying, although high prices are making consumers cautious. Going ahead, gold prices are likely to remain volatile, influenced by US Fed decisions, crude oil prices and geopolitical developments. While seasonal demand may support the domestic bullion market, global factors will continue to play a key role in price movements.”
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