(Kitco News) – Indian gold jewelry demand appears to be strengthening as consumers responded to lower and more stable gold prices ahead of the festive season, while investment demand remained steady in July and futures market activity picked up, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC).In the latest WGC India update published Wednesday, Chacko wrote that gold prices stabilized last month before reaching two-month highs in early August.

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