Tag

Gold Demand

All articles tagged with #gold demand

business2 months ago

India's Dhanteras Gold Rush Shifts Towards Silver and Affordable Festive Glam

India's Diwali gold rush is shifting towards investment and lighter jewellery due to record-high gold prices, with more consumers opting for smaller, investment-oriented gold pieces and a growing preference among younger buyers for lighter, everyday jewellery. Despite soaring prices, demand remains strong, driven by cultural traditions and increased investment in gold assets like ETFs and digital gold, while the central bank's gold accumulation also influences prices.

finance3 months ago

Central Banks and Investors Drive Gold to Record Highs

Gold prices are soaring partly due to increased central bank buying, which is often underestimated because of unreported demand estimates. Official data shows modest reported purchases, but estimates from organizations like the WGC suggest much higher total acquisitions, driven by geopolitical tensions and market opacity. The true scale of central bank gold buying remains uncertain due to data limitations and market complexity.