| Questions remain as to how quickly demand for gold as an investment in Asia will grow. Gold may have rallied 20 per cent in US dollar terms, putting it on course for its first annual rise in four years. For the Indian market, though, that has contributed to a fall in demand for the physical metal.
Gold’s status in India, from its role in weddings to use in rural savings, has helped make the country the biggest buyer of bullion globally, so any slowdown in appetite is a worry for the industry.........................................Full Article: Source
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