Despite overall gold sales remaining subdued in the last two months, bullion sales in the Indian market have seen about 15 percent jump during this period, signalling an early trend of investors coming back to the yellow metal for a safe and steady return in the coming months, according to traders and market analysts.
The total gold sales in October 2018 is estimated to be about 70 tonnes in volume and about Rs 22,000 crore (approx $3 billion) in value, according to the quick estimates by Indian Bullion and Jewellers Association (IBJA). The sales in September 2018 were slightly less than the October figures.
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.