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News
India's gold consumption
India's gold consumption News
India's gold consumption
31 Jan 2023
India's Gold Consumption in 2022 Drops 3% Amid High Prices Rally: WGC
India's gold consumption in 2022 fell 3% from a year earlier, as a rally in local prices to near-record highs. India's gold consumption declined to 774 tonnes last year as demand dropped 20% to 276.1 tonnes in the December quarter, the WGC said in a report. Two-thirds of India's gold demand usually comes from rural areas, where jewellery is a traditional store of wealth.
Gold
17 Nov 2017
Gold prices flip to discount as wedding demand underwhelms
Dealers in India were offering a discount of up to $2 an ounce this week over official domestic prices, compared to a $2 premium last week.
Gold
09 Nov 2017
Gold demand in India seen falling to lowest in 8 years in 2017
Indian demand is likely to be around 650 tonnes in 2017, compared to a 10-year average of 845 tonnes.
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