India gold prices soar 4.1% in May despite decline in global prices: World Gold Council

Indian gold prices saw a notable increase in May, defying global trends. This rise occurred even as international gold prices dipped. Local currency weakness and policy adjustments contributed to the gains. The World Gold Council report highlights India's resilience amidst geopolitical tensions and market volatility. Demand from India and other key markets could support gold prices going forward.

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