The World Gold Council’s Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year to 1,238 tonnes, marking the strongest first quarter since 2016. Demand excluding OTC fell 5% to 1,102 tonnes in Q1 compared to the same period in 2023. Healthy investment from the […]
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]]>India’s gold demand faced a significant downturn in the second quarter of 2023, as per the latest statistics released by the World Gold Council (WGC) in its Gold Demand Trends report. Despite an increase in value, the total gold consumption for the quarter recorded a decline of 7% compared to the same period in 2022. […]
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]]>Total jewellery demand in India for 2022 was down by 2% to 600.4 tonnes as compared to 610.9 tonnes in 2021, it noted. The value of Indian gold jewellery demand in 2022 was up by 4% to ₹272,810 crores, from 2021 (₹261,150 crores). Total gold imported in India in 2022 was 673.3 tonnes as compared […]
The post India’s Gold Jewellery Demand Slips 2% To 600.4 Tonnes In 2022; Gold Imports Plunge 27% appeared first on The Jewelry Magazine.
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