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The Hindu
The Hindu
National
Reuters

Inflation, price rise could dent India's gold demand in July-December: World Gold Council

Gold World Gold Council India Inflation WGC

India's gold demand in the first half of 2022 jumped 42% from a year ago but consumption in the second half could be lower than last year as higher inflation erodes disposable income, the World Gold Council (WGC) said on July 28.

Explained | How is hallmarking being implemented?

Lower purchases by the world's second-biggest gold consumer could weigh on prices, which are trading near their lowest level in more than a year. But falling demand for gold imports could help narrow India's trade deficit and support an ailing Rupee.

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