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Gold Demand Remains Wobbly Despite Upcoming Wedding Season

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Gold Demand Remains Wobbly Despite Upcoming Wedding Season

May 28
14:17 2015

gold 3New Delhi, Thursday, May 28 – Peak wedding season is due next month. Several couples are about to tie the wedding knot by month-end as well but that is not letting buyers swarm bullion market. Such a decrease in demand has been common in the past few months.

“What’s happening is beyond one’s understanding. Probably people have lost all their faith in buying gold items as an investment. They, even though, place order for ornaments but don’t place any inquiry for how beneficial it could be in the long run as they would usually do a couple of years ago,” said worried traders who want to see rise in number of customers in the near future.

Purchasing might improve as more than a few auspicious dates to get married or engaged are to be observed in June.

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