Weddings Blitz opens up a $51 billion opportunity for India
For the past four months, 27-year-old dentist Tanu Shreya has spent every spare minute planning her upcoming wedding.
Stay updated with breaking news from Metals Focus. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
For the past four months, 27-year-old dentist Tanu Shreya has spent every spare minute planning her upcoming wedding.
And not to be forgotten were the approximately 61 million troy ounces that India imported during October -- and the question has to be asked as to where that all came from considering that the silver market is in a structural deficit. Inquiring minds, including yours and mine, would love to know. One has to suspect that it came from JPMorgan & Friends.
Gold prices rose and silver leapt again on Thursday as the Dollar fell further amid weak US economic data seen confirming the end of Fed rate hikes with a cut now forecast in May
South Africa’s platinum-sector woes show how quickly fortunes can change in mining
Central banks gold buying maintained a historic pace but fell short of the Q3’22 record. Jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed.