Gold Price Forecast: XAUUSD demand in India rebounds – Commerzbank

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Gold Price Forecast: XAUUSD demand in India rebounds – Commerzbank
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Gold Price Forecast: XAUUSD demand in India rebounds – Commerzbank Gold XAUUSD Switzerland India Banks

Robust gold demand in India

“At 10 tons, gold exports to China were the lowest in 14 months. This may well be related to the coronavirus lockdowns that had severely restricted public life.” “Switzerland exported virtually no gold at all to the US or UK in May. However, this comes as no surprise given that gold ETFs were not in demand and registered outflows.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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