Record Gold Prices Are Pinching Both Buyers and Jewelers in India
For many, the surge in gold prices has punched a hole in their wedding budgets.
Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Preeti Soni, Bloomberg’s Asia Metals and Mining Reporter in Delhi, filling in for Menaka. If you didn’t receive this directly in your inbox, you can subscribe here, and share feedback with us here.
Today we look at India’s oil challenge, and the second order effects of record gold prices.