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https://www.gold.org/about-gold/gold-demand/geographical-diversity/india
India India is one of the largest markets for gold, and growing affluence is driving growth in demand. Gold has a central role in the country’s culture, considered a store of value, a symbol of wealth and status and a fundamental part of many rituals.
https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q2-2021/jewellery
Jul 29, 2021 · The 25% y-o-y increase in India’s Q2 jewellery demand was largely due to the very low base from Q2 2020; demand plunged 46% q-o-q as the second wave of COVID-19 hit the nation. For H1, demand totalled 157.6t, 46% below H1 2019 and 39% lower than the H1 average from 2015-2019.
https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q2-2020/jewellery
Jul 30, 2020 · Indian jewellery demand plunged in Q2 due to nationwide lockdown, lost festival demand and the higher gold price. Indian jewellery demand fell 74% y-o-y to 44t – the lowest quarterly total in our series by some margin. H1 demand was down 60% to an all-time low for our series of 117.8t.
https://www.statista.com/statistics/896708/india-gold-demand-volume-annual/
Gold demand in India is principally met through imports. India was one of the leading countries for gold import. In financial year 2019, the value of India’s gold import was almost two trillion...
https://economictimes.indiatimes.com/markets/commodities/news/india-gold-demand-rises-30-in-first-half-of-2021/articleshow/84856445.cms
2 days ago · According to a World Gold Council report released on Thursday, gold demand in India in the quarter to June was up 19.2% year-on-year to 76.1 tonnes while total jewellery demand increased 25% to 55.1 tonnes. Total Investment demand increased 6% year-on-year during the quarter to 21 tonnes.
https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/indias-gold-demand-up-19-in-april-june-quarter-at-76-tonne-wgc/84852224
2 days ago · In value terms, India's gold demand witnessed 23 per cent growth during April-June quarter at Rs 32,810 crore, compared to Rs 26,600 crore during the corresponding period of 2020. However, demand plunged 46 per cent quarter-on quarter as the second wave of COVID-19 hit the nation, according to the report.
https://www.cnbc.com/2020/10/30/india-gold-demand-fell-world-gold-council.html
Oct 30, 2020 · India is one of the largest markets for gold. Jewelry demand in India between July to September fell 48% year-on-year to 52.8 tonnes from around 101.6 tonnes a year earlier, the organization said...Author: Saheli Roy Choudhury
https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q3-2018/jewellery
Nov 01, 2018 · Demand for jewellery increased by 6% y-o-y, to 535.7t. India, China and several South-East Asian markets saw respectable y-o-y increases, while demand in Iran, Turkey and the UAE fell significantly. Gold price decline proved to be a buying opportunity in many market
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