The US-China trade war and Brexit have hijacked most economic headlines, but what about the Indian gold market? It’s good to check the pulse of this forgotten retail market periodically, as prices in India tend to set the pace when short-term factors fade away.
Right now, this Gold Enthusiast thinks the Indian gold market isn’t looking so good – more high prices and low agricultural yields are threatening to put a damper on gold sales in the upcoming marriage season. But we’ve seen it turn around before. Hopefully, the most recent economic reforms help lift the Indian economy; today’s featured article is a comprehensive look at the situation and what India’s leaders are trying to do about it.
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