Indian markets saw a dip mirroring global trends. The Nasdaq experienced its largest weekly fall since April due to concerns over artificial intelligence stock sustainability. U.S. Treasury yields also declined. China’s trade data showed the impact of tariffs. Bitcoin saw a weekly decline but gained on the day. Major U.S. indexes recovered some losses late in the session.
Gold demand in India seen falling as prices surge, investment buying rises
India’s gold consumption is projected to drop to 650–700 tonnes this year as a sharp price rally hurts jewellery demand. Investment buying remains strong, with