Gold Demand Holds Steady Amid High Prices in Guwahati
Despite high prices, demand for gold remains strong, according to reports. Gold buyers are adjusting their purchases in response to rising costs, indicating a resilient market. The high prices have not deterred consumers, who continue to invest in gold.
The gold market has been affected by various factors, including inflation and economic uncertainty. However, the demand for gold remains steady, with consumers opting for smaller quantities due to higher prices.
Gold prices are projected to be a major concern in Guwahati, a city in Assam that is expected to become a smart city by 2025. The growth of this metropolitan area has led to an increased demand for gold, despite the high costs associated with it.