Mukesh Kumar
Former Senior Analyst, India World Gold CouncilIndia’s gold market in March: retail demand sluggish and imports tumbled
Gold prices extended their gain in March, led by higher inflationary pressures and rising geo-political risks. The LBMA Gold Price AM in USD and the MCX Gold Spot in rupees (INR) rose by 1.1% and 1.7% respectively over the month.
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in March: the COVID-19 resurgence weighed on local demand
Gold prices extended their strength last month. The SHAUPM in RMB and the LBMA Gold Price AM in USD rose further in March, ending Q1 with a 5.2% and 5.7% gain respectively, the largest since Q2 2020.
