India Gold Market Update: Volatility Softens Demand

World Gold Council1.26K FollowersFollow5ShareSavePlay(10min)Comment(1)SummaryGold prices ease from peak, but underlying strength holds. Indian domestic price remains at a discount to international price, indicating adequate supply and subdued local demand.Price volatility weighs on demand, structural support stays constructive.Gold ETFs see persistent inflows despite tactical profit taking. Imports cool but remain above trend.Demand could see a recovery around key festivals in April and the wedding season in smaller towns. Overall buying interest will be influenced by price-trend stability. TexBr/iStock via Getty Images Prices ease, underlying strength prevails Gold prices have pulled back from end-January highs, pressured by a stronger US dollar and a rise in US Treasury yields. In addition, outflows from gold ETFs, particularly US-listed gold ETFsThis article was written byWorld Gold Council1.26K FollowersFollowThe World Gold Council is the market development organization for the gold industry. Our purpose is to stimulate and sustain demand for gold, provide industry leadership, and be the global authority on the gold market. We are a unique organization that delivers tangible benefits to the gold industry. We are an active force within the market, working with a large and diverse set of partners to create access, drive innovation and stimulate demand, while providing a collective voice for our members. We provide insights into the international gold markets, helping people to understand the investment qualities of gold and its role in meeting the social and environmental needs of society. For more information visit www.gold.org.