Titan Warns Gold Demand Could Slow if India Curbs Buying in $100 Billion Market
Updated
Updated · Bloomberg · May 12
Titan Warns Gold Demand Could Slow if India Curbs Buying in $100 Billion Market
6 articles · Updated · Bloomberg · May 12
Titan, India’s largest jeweler, said any government steps to curb gold buying could trigger a temporary slowdown in demand.
The warning points to policy risk for India’s gold market, where official measures to restrain purchases would likely hit consumer buying first rather than signal a lasting collapse.
India’s jewelry sector is especially sensitive because gold buying is a major retail and savings channel, making any curbs a broader test for discretionary demand.
Is India’s plea to halt gold buying an unwitting signal of its true value over the rupee?
Will India's crackdown on gold imports inadvertently create a new smuggling crisis and a loan boom?
While India's economy falters, why is its top jeweler, Titan, posting record-breaking profits?