Pursuits
Gold Demand in India ‘Good’ as Incomes Rise, Top Exporter Says
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Gold demand in India, the biggest user of bullion, is “very good” as high prices fail to deter buyers flushed with higher incomes, according to the nation’s largest jewelry maker and exporter Rajesh Exports Ltd.
“Basic disposable incomes are increasing because of which there is good demand and people are smartly investing in gold,” Chairman Rajesh Mehta said today in an interview from Bangalore.