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India, one of the largest consumers of gold in the world, is experiencing a sharp rise in demand as the country enters its peak wedding season. Weddings in India often include gold jewelry as a traditional gift, and this cultural significance has driven both individual and institutional purchases. Reports indicate that gold imports have increased by 15% year-over-year, signaling robust demand.
Economists note that this seasonal boost to gold demand also helps stabilize global gold prices, even during volatile market periods. For investors, this recurring trend
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**Fun Fact:**
India accounts for nearly 25% of the world’s annual gold demand, with over 500 tons of gold consumed each year for jewelry and investment purposes.
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