India’s gold demand could recover during fourth quarter on festival shopping: WGC

India’s gold demand could recover during fourth quarter on festival shopping: WGC

By Rajendra Jadhav MUMBAI: India’s gold demand in the fourth quarter is expected to recover after falling 30% in the previous quarter as festivals are expected to strengthen retail jewellery purchases, the World Gold Council (WGC) said on Thursday. “We expect quarter four would be better than quarter three due to pent-up demand and festivals,” … Read more

Gold needs to be embraced as portfolio diversifier: Experts

Gold needs to be embraced as portfolio diversifier: Experts

Mumbai: There is a need for investors to embrace gold as a portfolio diversifier and for hedging strategy especially in the current environment that presents uncertainties, according to experts. The yellow metal is expected to have a good run in the coming times as demand will emerge, and it should be seen as part of … Read more