Gold Demand Falls 70% After Duty Hike; What Lies Ahead For Gold And Silver Prices?
Gold Demand Falls 70% After Duty Hike; What Lies Ahead For Gold And Silver Prices?
Shailendra Bhatnagar
- Updated Jun 1, 2026 3:23 PM IST
Gold demand in India has witnessed a sharp decline of nearly 70% following the recent duty hike, raising questions about the near-term outlook for the precious metals market. Will lower demand weigh on prices, or will global economic uncertainties continue to support bullion? What key factors should investors track in the coming months? Watch Vandana Bharti, Head - Commodity Research at SMC Global Securities, as she shares her views on gold and silver prices, demand trends, investment strategy, key support and resistance levels, and the outlook for bullion amid changing domestic and global market dynamics.
