India's Gold Demand Falls 6% in Volume, Rises 50% in Value
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India's gold demand fell 6% in volume terms to 131.4 tonnes in April-June quarter, but increased 50% in value to Rs 1.98 lakh crore due to higher prices and import duties. Jewellery demand decreased 15% to 75.1 tonnes, while bar and coin demand rose 9% to 50.3 tonnes. Despite PM Modi's appeal to avoid gold buying, Indians spent nearly Rs 65,000 crore more on gold than last year.
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India’s gold demand falls 6% as volatile prices turn away consumers Ho...
India's gold demand falls 6% in April-June on weak seasonal demand, hi...
Total Jewellery demand in India during the quarter under review decrea...
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