Page 17 - Bullion World Issue 11 March 2022_Neat
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Bullion World | Issue 11 | March 2022
Bars and Coins demand: Dhanteras and Diwali are
the periods when people buy bars and coins in India.
There was a high demand largely, as mentioned earlier
due to softer prices.
It reflected having money to invest into higher
savings because of covid, which resulted in a lack of
expenses towards travel and other stuff which was later
channelized into gold investment.
Mr. P R Somasundaram, Regional CEO, India WGC Source: Metals Focus, Refinitiv GFMS, World Gold Council
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