India's Gold Demand Eases Post-Festival, Prices Remain Strong India’s gold market saw a 12% year-to-date increase in prices, with demand slowing after the Akshaya Tritiya festival. The gap between domestic and international gold prices narrowed, and the RBI increased its reserves by 30.6 tons, reaching a record 834.2 tons. Gold ETFs saw positive inflows in May, and imports consistently rose. While gold hit an all-time high in mid-May before slightly correcting, it remains one of the best-performing assets. Future demand is expected to focus on the festival season in Q3, with continued interest in bars and coins. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Rangebound Ahead of Key U.S. Inflation Data, Fed Decision READ MORE Gold Defies Market Trends as Investors Flock to the Metal READ MORE Gold Finds Support at 50-Day EMA, Eyes Gradual Rebound READ MORE Bank of Canada Highlights Investment Need to Combat Inflation READ MORE Silver Hits Three-Year Peak, Gold at Record High READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment