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Questions and Answers
Questions and Answers
What is the primary reason for Indian consumers' high demand for gold?
What is the primary reason for Indian consumers' high demand for gold?
- Availability of cheap gold imports
- Influence of international gold market trends
- Cultural and religious traditions (correct)
- Government subsidies for gold purchases
What is the main reason for gold consumption during occasions like weddings and festivals in India?
What is the main reason for gold consumption during occasions like weddings and festivals in India?
- Government incentives for gold purchases
- Availability of high-quality gold during these times
- Promotional discounts by jewellers
- Cultural significance and traditions (correct)
What is the largest use of gold in the world market?
What is the largest use of gold in the world market?
- Industrial purposes
- Jewellery making (correct)
- Individual holdings such as ETF's
- Federal/Central Bank reserves
What is the primary purpose of gold in aerospace engineering?
What is the primary purpose of gold in aerospace engineering?
What category does gold fall under in terms of consumer goods?
What category does gold fall under in terms of consumer goods?
What role do cultural and religious traditions play in influencing Indian gold demand?
What role do cultural and religious traditions play in influencing Indian gold demand?
What is the primary use of gold in the world market?
What is the primary use of gold in the world market?
What are the major reasons for Indian consumers' high demand for gold?
What are the major reasons for Indian consumers' high demand for gold?
What are the main uses of gold in industrial purposes?
What are the main uses of gold in industrial purposes?
Why do people tend to buy gold as much as they are willing and able to purchase during occasions like weddings and festivals?
Why do people tend to buy gold as much as they are willing and able to purchase during occasions like weddings and festivals?
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