Rising Gold Prices Cool Off Indian Market Demand in Fourth Quarter India’s gold market sees subdued demand in Q4 due to high prices, influenced by geopolitical risks, rate cut expectations, and a strong USD. Despite the RBI halting gold purchases and soft domestic demand causing a local discount, gold ETFs attracted sustained inflows, with November seeing US$47 million. High prices are expected to dampen physical gold demand, except for bridal jewelry. Investment demand may rise due to global uncertainties and positive domestic economic growth. The LBMA Gold Price PM rose 11% since October, mirrored by Indian gold prices, while other currencies saw lesser increases due to their strength against the USD. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Market Shines During Spring Festival, Yet Slower Growth Expected Ahead READ MORE Gold's Record-Breaking Rally: Beyond Economic Indicators READ MORE Stocks Rise; Key Economic Updates and Corporate Earnings on the Horizon READ MORE Economists at Commerzbank Expect the Gold Price To Remain Supported READ MORE Stocks, Gold Rise on Bet on Aggressive Fed Rate Cut READ MORE Add a Comment Cancel replyYour email address will not be published.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