“While purchases of gold bars and even ornaments for short-term investments are still on, the retail trade is restricted to those for weddings. The retail buyers are mainly going in for necessary purchases as most of the other buying and selling is through commodity exchanges.”
“As we see it, the demand is not led by consumers but by investors who are keen to park their surplus funds in metals - not just gold but other like silver, zinc and copper as is evident from the trend in commodities trading.”
