India's Gold Consumption in 2022 Drops 3% Amid High Prices Rally: World Gold Council
Two-thirds of India's gold demand usually comes from rural areas, where jewellery is a traditional store of wealth. Gold is an essential part of the bride's dowry in India and also a popular gift from family and guests at weddings.
Jan 31, 2023, 12:12 PM IST
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.
Nov 17, 2017, 16:38 PM IST
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.
Nov 09, 2017, 12:07 PM IST
