gold prices rise slightly as jewellery demand declines in second quarter

Gold prices closed at Rs 75,983.00 on November 28, 2024, showing a slight increase of 0.04% compared to previous levels.

During the second quarter of 2024, there was a 6% decline in gold demand, mainly due to reduced interest from the jewellery sector. This decline reflects changing consumer preferences and market dynamics affecting the traditional demand for gold in jewellery manufacturing.

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