Interview: India’s gold demand likely to stay subdued in 2025 amid high prices, rupee depreciation, says Prithviraj Kothari
In India, the situation has been further compounded by the depreciation of the rupee in recent months. Since gold is priced in dollars, a weaker rupee makes imports significantly more expensive for domestic consumers. In an exclusive interview with Invezz, Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited, shares his outlook for the gold market in 2025.
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