Diwali comes early for jewellery retailers

Published on 14 Oct, 2017

Ujjal Deb Roy, manager of investment research and analytics at Aranca, said that September onward, markets usually witness a seasonal increase in gold purchase due to festive demand.

"We believe the recent correction of ~4 per cent in gold prices since last month could further fuel this demand in the near term towards the end of 2017," he said.

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