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Gold: Some reflections on the Indian gold market after speaking to the gold trade in and around the IIGC at Cochin. 1/n
Although the shops seemed busy to me, they were described as quiet by managers and WGC colleagues. That fits with what I’ve always understood, in that this time of thyear year rarely sees strong demand. Should start to pick up at 15 Aug, I’m told. 2/n
Gold: Modern, organised jewellery retailers, part of regional or (inter)national chains, still sell mostly traditional jewellery, but do have more modern lines too. 3/n
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