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How Elections Impact Gold Buying
Data shows that gold consumption fell during three of the last four general election phases with a decline in demand for gold jewellery, bar, and coin
Data shows that gold consumption fell during three of the last four general election phases with a decline in demand for gold jewellery, bar, and coin
Jewellery demand fell 6% to 562.3 tonnes from 600.6 tonnes a year ago, investment demand increased by 7% from 173.6 tonnes in 2022 to 185.2 tonnes in 2023
Rise in income levels and economic uncertainties to aid consumption of yellow metal.