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World Gold Council
GOLDCOUNCIL
India has seen mixed demand recently, with soft jewellery sales in contrast to healthy investment. Read more in the latest update from Research Head, Kavita Chacko here: spr.ly/60144rL2q pic.x.com/duyzjrNTHo
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#NewsFatafat | Spot gold is trading close to $3,400 per ounce amid Middle East conflict and soft U.S. economic data Tepid U.S. retail sales have bolstered the case for Federal Reserve rate cuts this year All eyes are on the OPEC+ meeting decision later today #SpotGold pic.x.com/vAeGGCHYVH
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#NewsFatafat | Gold dips as dollar firms near 99 amid US-Iran-Israel tensions; crude surges on supply fears #GoldPrices #CrudeOil #Geopolitics #DollarIndex #MarketUpdate pic.x.com/Fuy1tMRaeY
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Krishan Gopaul
KrishanGopaul
"Anecdotal reports suggest that [Indian] consumers are increasingly monetising their existing #gold jewellery holding, either by exchanging them for new pieces, liquidating them, or using them as collateral for loans." Read more from Kavita Chacko: www.gold.org/goldhub/gold-focus/2025/06/indias-gold-market-update-mixed-demand pic.x.com/vRFSiwzEiL
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