How Iran war has dented demand for gold jewellery
Global demand for gold jewellery fell in the first quarter of 2026, tumbling from record highs as the precious metal comes under pressure amid uncertainty caused by the Iran war. Buyers are more cautious in their spending decisions and channelling funds more into bullion investments, rather than buy
AI Translated Summary:
The ongoing Iran war has significantly reduced global demand for gold jewellery, as consumers prioritize bullion investments over luxury purchases. This shift reflects heightened caution in spending amid geopolitical uncertainty.
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