10.08.2016 - Will Indian gold consumption recover?
How India will address issues that have roiled the market this year will be the question many will ask at this week’s Indian International Gold Convention in Agra. Several political and economic issues this year threaten the country’s position as one of the two leading gold-consuming nations – the other is China. Last year, India consumed 668.5 tonnes of jewellery, according to Metals Focus’ annual report, up six percent from 632.2 tonnes in 2014 and 615.7 tonnes in 2013. This compares with 753.4 tonnes in China and overall global consumption of 2,397 tonnes...............................................Full Article: Source
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