Record Gold Prices Reduce Jewelry Demand During India's Akshaya Tritiya Festival
Record gold prices have led to subdued jewelry demand during India's Akshaya Tritiya festival, a major gold-buying occasion. Despite this, investment demand in gold showed some resilience. The situation highlights the impact of high prices on consumer behavior in a key market for gold.
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Topics: Akshaya Tritiya commodity prices gold demand India jewelry purchases