Indian Gold Demand Expected To Remain Strong In 2nd Half Of 2024

In the first half of 2024 we’ve seen India repatriate 100 tons of gold from London, while also adding to their gold reserves at the fastest pace in the last 2 years.

Yet India is known as being a price sensitive buyer, which raises the question of whether they will continue to be a buyer for the rest of 2024 as the gold price is now nearing $2,500.

So in this morning’s show, Vince Lanci takes a look at some of the latest news from India about the 2024 second half forecast to get a better idea of what they might do.

To find out more, click to watch the video now!

Arcadia Economics

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