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Yellow Metal Likely to Regain Sheen Thanks to Unpredictable Demand during Wedding Season

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Yellow Metal Likely to Regain Sheen Thanks to Unpredictable Demand during Wedding Season

February 09
14:05 2015

newNew Delhi, Monday, February 9 – Demand for gold continues to go up and down every now and then. Several factors are responsible for this unpredictable trend and one among them is surely the demand placed by potential customers.

The rise in demand makes the rates to surge while a drop in the same affects the price as well. Yellow metal glitters more during peak wedding season, festivals and auspicious occasions as compared to any other months. This is the reason why people have to shell out a bit extra to purchase gold coins and ornaments when many are all set to tie the wedding knot.

“News from the bullion market might not be cheering but it is probable to improve since peak marriage season is here”, said an analyst.