Months after India lifted its strict lockdown, the country's biggest gold market Zaveri Bazaar remains desolate, with most stores closed and no customers in sight. In addition to jewellery, Indians have traditionally stockpiled gold bars and coins as a hedge against inflation. "When they... need to convert digital gold to physical gold, it will be delivered to them," he told AFP. Gold will eventually make a comeback in India as consumers recover their appetite, said Somasundaram P.R., managing director of WGC's India operations. - AFPArticle type: metered User Type: anonymous web User Status: Campaign ID: 18 Cxense type: free User access status: 3

Source: The Star August 16, 2020 06:45 UTC