INDORE: Gold demand from consumers has dipped for the first time since the beginning of the wedding season in April due to a slowdown in urban and rural purchases amid the winding up of the wedding season.
Weddings had kept the gold market throbbing in past months though as the marriage season came close to an end, gold sales saw a drop of around 30 per cent in the retail market despite a 4 per cent dip in the prices of the yellow metal.