Editor’s Note
This report from Meerut’s bullion market captures a telling paradox: falling gold prices have not spurred typical buying activity but instead created an atmosphere of anxious quiet. The traders’ concern underscores how market sentiment often hinges on more than just price levels.
Despite a fall in gold prices, the market in Meerut’s Sarafa (bullion market) is witnessing an unusual silence. Traders are expressing concern over the current situation.
Local traders attribute the lack of activity to several factors, including economic uncertainty and fluctuating demand. The typical buzz associated with price corrections is absent.
The article explores the reasons behind this subdued market response despite favorable price movements for buyers.