(Kitco News) – Indian jewelry buying was resilient and physical investment demand remained steady despite August’s gold price volatility, while ETF demand remained positive and gold futures volumes hit a five-month high, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC).In the latest WGC India update, Chacko wrote that both international and domestic gold prices surged in August, while domestic discounts widened.

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