Is Gold Demand Weakening? | The Mesh Report

Is Gold Demand Weakening?

Mike Hammer July 24, 2019 Comments Off on Is Gold Demand Weakening?

Gold prices typically decline this time of year in India as farmers use their money to buy seed for planting crops.

Yes Virginia, people actually do use money for things other than investing… We’ve talked before about how demand in India declines in summer, but now that we’re here we can put a fine point on it.

The wedding season is over, it’s a few months before jewelers load up for the next wedding and gifting seasons. And now the everyman buyer is taken out of the market by another demand.

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