Why Has India Stopped Buying Gold & Silver? Expert Explains The Real Reasons

Why are Indian buyers suddenly staying away from gold and silver despite heightened global uncertainty? Commodity expert Vandana Bharti of SMC Global Securities says multiple factors - not just geopolitics - are reshaping the precious metals market. She points to changing derivatives markets, new global gold trading contracts, currency pressures, weak global economic visibility, high crude oil prices, AI-led disruptions, and El Niño impacting rural demand. According to her, the gold and silver markets are undergoing a structural reset, prompting many investors to delay purchases until prices correct further. She believes caution is dominating both retail and physical demand as markets wait for greater clarity. Watch this exclusive analysis before making your next gold or silver investment.