Indian Gold Demand
Aug 1st, 2008 | By Adrian Ash | Category: Currencies, Gold
It’s hard to over-egg the importance of Indian jewelry demand in the physical gold market.
Between 2000 and 2007, gold jewelry sold in India accounted for one ounce-in-nine sold worldwide. One ounce in every five wound up as an Indian import (its domestic mines produce less than six tons per year), ...read more
