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The Economic Times
The Economic Times

India's gold demand falls 6 per cent in April-June on weak seasonal demand, higher duty: WGC

Gold WGC India Sachin Jain the World Gold Council Narendra Modi

Mumbai, India's gold demand fell 6 per cent year-on-year to 131.4 tonnes in the April-June quarter, weighed down by seasonally subdued sales, higher Customs duty and Prime Minister Narendra Modi's appeal to reduce purchases of the precious metal, the World Gold Council said in a report.

The total demand was at 139.7 tonnes during the corresponding period last year, according to WGC's 'Q2 2026 Gold Demand Trends' report.

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