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India’s Titan On What's Slowing Gold Demand

Source: Bloomberg

Commodities & Raw MaterialsConsumer Demand & RetailCompany Fundamentals

Titan Managing Director Ajoy Chawla said volatility in gold prices, rather than broader macroeconomic conditions, has been the company’s biggest recent challenge. Gold-price swings can affect jewellery demand, inventory costs and margins for Titan, creating near-term uncertainty for its consumer retail business.

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