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Gold prices expected to strengthen, festive season likely to be finest in 3 years: GJEPC
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Gold prices expected to strengthen, festive season likely to be finest in 3 years: GJEPC
Oct 29, 2021 6:27 AM

As demand for gold has been extremely strong in the second quarter of FY22, Colin Shah, Chairman of Gem and Jewellery Export Promotion Council (GJEPC) on Friday said he expects prices of the yellow metal to strengthen.

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Also Read: Bitcoin vs gold: Which is a better investment option?

In an interview with CNBC-TV18's Manisha Gupta, he said he expects this festive season to be one of the finest in the last three years for gold. Gold is at great levels for consumers to buy and hopes for a bumper Diwali season, Shah said.

Also Read: Gold demand fell in the third quarter as big investors sold, says WGC

Watch the video for more.

(Edited by : Kanishka Sarkar)

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