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Below the Perspective on the Gold & Market industry by Mr. Darshan Desai, CEO, Aspect Bullion & Refinery

“The recent correction should be viewed as a phase of recalibration rather than a change in the broader gold story. For the bullion industry, the next few weeks will be less about chasing price movements and more about how demand responds to the new price levels.

We expect physical demand to gradually become more active if prices stabilise, particularly as the festive and wedding season gains momentum. Jewellers are likely to take a measured approach to inventory, while consumers may use any further dips to stagger their purchases. Going forward, gold is likely to remain volatile, but the combination of investment demand, central-bank buying and continued uncertainty in global markets should keep the underlying interest in bullion strong.”

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