Indian gold market fired on all cylinders in October despite record high prices – WGC's Chacko
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The Indian gold market showed strong performance in October despite record high prices, according to the World Gold Council's Chacko.
November 20, 2024 | 4:45 pm
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POSITIVE IMPACT
The strong performance of the Indian gold market in October, despite high prices, could positively impact AAAU, a gold ETF.
AAAU, being a gold ETF, is likely to benefit from the strong demand and performance in the Indian gold market. The news highlights robust market activity despite high prices, suggesting a potential increase in gold-related investments.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50