The gold prices in India today has gained despite being steady in the overseas markets owing to the strong dollar. The gold rates in India were recorded at Rs 30,900 for 10 grams of 22 karats and at Rs 31,900 for 10 grams of 24 karats.
Demand for gold
Demand for gold, realty still subdued despite meltdown in equities market
Gold Silver Reports – Demand for gold, realty still subdued despite meltdown in equities market — Despite the meltdown in equities, other competing assetclasses like gold, real estate and fixed income may not have become attractive options for investors yet. Indian markets, which gained around 27% in 2017, have slumped nearly 7% in the last sixtrading sessions. Stocks in the US, Asia and other global markets too have seen a sharp sell-off this week.