opinion

World Gold Council: The Indian Gold Market is Accelerating - SchiffGold.com

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DW NOTE

India's gold demand has structural drivers the West struggles to grasp — a tax regime that penalises productive capital, a currency that has lost half its value since 2013, and a financial system where bank deposits routinely deliver negative real returns. When the World Gold Council calls this "acceleration", they mean Indians are responding rationally to confiscation by other means.

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