Gold News

Urban Indians looking forward to buy Gold this Diwali

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Weddings and festivals are important drivers of gold demand in India. And according to a recent YouGov survey, urban Indians intend to spend more during Diwali than they did last year.1 YouGov’s Diwali Spending Index jumped to 90.71 compared to 80.96 in 2020.2 The survey found that 29% of urban respondents plan to spend more this year than last – a significant increase from 17% in 2020. Shopping opportunities were severely curtailed during the pandemic and these urban consumers are looking forward to splurge during the upcoming festival
Gold News

Five differences between gold and silver by Morgan Stanley

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As we edge toward a post-pandemic world, many investors are looking for ways to prepare for future uncertainties. A solution for some may include investing in precious metals, such as gold and silver. Here are five factors to consider when deciding to invest in gold or silver, economists at Morgan Stanley report.
Gold News

LBMA Virtual Precious Metals Conference

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James Steel (Chief Precious Metals Analyst, HSBC Securities (USA) Inc) and Suki Cooper (Precious Metals Analyst, Standard Chartered) discussed their personal highlights of the LBMA/LPPM Virtual Precious Metals Conference 2021.