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 have fallen in recent sessions, with the market closely watching US interest rates, the dollar and inflation. The upcoming US Federal Reserve decision will play a key role in deciding gold’s near-term direction. In India, the price correction may encourage some buying ahead of Dhanteras and Diwali, but high prices are likely to keep consumers cautious. Buyers may prefer smaller, planned purchases, while gold prices are expected to remain volatile due to global economic developments and festive demand.”
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