Rising gold prices short term deterrent, will attract genuine buyers, say jewellers

India is the second largest consumer of gold in the world with annual consumption of 800-850 tonnes. This year, gold has given more than 25% return to the consumers and investors. Gold prices had fallen below Rs 50,000 per 10 gm level last month. But on Thursday, prices went up again in the spot market to touch Rs 50,413 per 10 gm level.

from Fashion / Cosmetics / Jewellery-Cons. Products-Industry-Economic Times https://ift.tt/3lidDZD