| Do you know the factors that affect gold prices in India? Other than basic jewellery demand, where India is the largest consumer, there are two other factors. Gold works on price parity, which means 10g of gold has the same value all over the world, hence international prices are important.
Other than for its ornamental purpose (globally jewellery demand accounts for 70-75% of overall gold demand), gold has traditionally been used as an investment asset to protect against political and economic uncertainty...............................................Full Article: Source
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