Ray Jia
Head of Research (Asia Pacific, ex-India) and Deputy Head of Trade Engagement (China) World Gold CouncilSpring Festival sees healthy gold consumption…but what lies ahead?
The extended 2024 Chinese New Year’s holiday saw healthy gold consumption. Looking ahead, our model predicts stable gold jewellery demand in 2024. And gold bar and coin investment may stay above their long-term average, with some further upside potential.
Mukesh Kumar
Former Senior Analyst, India World Gold CouncilIndia’s gold market in November: retail demand soft and imports declined
The international gold price jumped by 7.4% in November to US$1,760/oz, boosted by lower yields and dollar weakness.