Gold Demand Set to Rise as Festive Season Looms

As the festive and wedding season approaches in India, physical gold and silver demand is expected to surge. According to Ajay Kedia, MD & Director of Kedia Advisory, buyers looking for physical gold do not need to wait for price discounts.

Kedia notes that premiums are likely to rise closer to Dhanteras and Diwali as demand increases. He suggests booking gold or silver now and taking delivery later as an option for those planning purchases for weddings, gifting, or consumption.

Kedia also emphasizes the distinction between buying gold for investment and consumption purposes, advising that the timing of purchase should be determined accordingly.