INDIA LEADS WORLD GOLD JEWELLERY DEMAND RECOVERY AFTER COVID BLUES
URBAN CONSUMERS DRIVE GROWTH AS ECONOMIC ACTIVITY PICKS UP STEAM
2022-12-07 12:11
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India is leading a global recovery in gold jewellery. This is despite the fact that gold prices have hit a five-month high. The demand engine is driven by urban consumers, encouraged by a return to pre-covid levels of economic activity. Rural consumers were more cautious as their inflation outpaced that of their urban counterparts.