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 Central Bankers Converge at Jackson Hole Amid Rate Cut Speculation READ MORE Fed Rate Cut Expectations Drive 30-Year Mortgage Rates Down to 6.35% READ MORE Gold Prices May Hit $3,000 by Late 2025, Says BofA READ MORE Wall Street Watch: U.S. Regulators Set to Rein In Executive Bonuses Amid Financial Scrutiny READ MORE Potential Shift in Fed's Interest Rate Committee Dynamics in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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