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What recent action has the World Gold Council taken regarding India's gold consumption projections for 2024?
  • a)
    Decreased the projection to 700 tonnes
  • b)
    Maintained the projection at 750 tonnes
  • c)
    Increased the projection to 850 tonnes
  • d)
    Eliminated the projection entirely
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What recent action has the World Gold Council taken regarding India's ...
The World Gold Council has increased its projection for India's gold consumption in 2024 from 750 tonnes to 850 tonnes. This increase reflects a growing demand for gold in the country, influenced by cultural factors, economic conditions, and investment trends. Notably, India is one of the largest consumers of gold globally, often using it for jewelry and investment purposes.
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What recent action has the World Gold Council taken regarding India's gold consumption projections for 2024?a) Decreased the projection to 700 tonnesb) Maintained the projection at 750 tonnesc) Increased the projection to 850 tonnesd) Eliminated the projection entirelyCorrect answer is option 'C'. Can you explain this answer?
Question Description
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