Gold Rush: India's Top 5 Gold Suppliers Revealed Amidst Price Volatility

• India's gold market faces fluctuations, with consumers hesitant despite jeweler discounts.
• Switzerland leads gold imports to India, supplying $19.6 billion in 2024.
• UAE is the second-largest supplier at $16.1 billion, facilitated by a trade agreement.
• South Africa ranks third, importing $6.35 billion worth of gold due to its mines.
• Geopolitical tensions, inflation, and central bank reserves are driving gold price increases.