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 S&P 500 Nears Worst Month in Over a Year as Rising Yields Signal Inflation Concerns READ MORE Nvidia Faces $900 Billion Loss Amid AI Investment Uncertainty READ MORE Inflation Reports and Retail Sales: Upcoming Key Indicators for Economic Health READ MORE Bonds Rally on Fed Rate-Cut Expectations READ MORE In Gold We Trust, Own Silver We Must READ MORE Add a Comment Cancel replyYour email address will not be published.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