Kumar Jain, spokesperson of the India Bullion & Jewellers Association (IBJA) said, “Zaveri Bazaar is buzzing with activity as there is a surge in gold prices. The footfalls have increased by up to 20% on Wednesday compared to a week ago.”
Asian shares slip as Middle East unrest deepens
Oil prices are rising. Asian stocks are mostly down following Wall Street’s losses. Middle East tensions are escalating. There is concern about potential US involvement.