News > Second coronavirus wave stifles gold demand in India
Second coronavirus wave stifles gold demand in India
Dais Newsfeed | 23/04/2021 07:14 PM | Click to read full article
India's physical gold demand faltered this week as strict restrictions to contain the spread of COVID-19 kept buyers away, while activity in other top hubs remained largely muted due to higher prices. Many Indian states have imposed curbs amid a record surge in infections.
The second wave has been badly affecting demand as many showrooms are closed due to restrictions.