Expert Distinguishes Between Cultural and Investment Demand for Precious Metals in India
1 report, 1 independent
Updated Fri 00:00
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What happened
Vikas Gupta analyzed precious-metal demand in India, distinguishing between two types. One is inelastic demand, which occurs during cultural occasions and the wedding season. The second type is investment demand, which is influenced by price movements.
Why it matters
Gupta advises treating gold as a portfolio hedge due to its defensive nature. Silver, while offering greater upside potential, is noted for higher volatility and exposure to industrial demand.
Who's involved
- Vikas GuptaCEO and strategist at OmniScience Capital, providing market assessments
- DelhiLocation where Vikas Gupta provides market assessments regarding gold prices
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The entities involved
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Vikas Gupta
researcher (ORCID 0000-0002-0143-7445)
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