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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-q2-2020/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.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://economictimes.indiatimes.com/markets/commodities/news/global-gold-demand-declines-by-23-to-815-7-tonne-in-jan-mar-2021-wgc/articleshow/82305610.cms
Apr 29, 2021 · In Q3 of 2020, India had consumed 86.6 tonnes of gold, while in Q4 it was 186.2 tonnes. In Q1 of 2021, total jewellery demand was up by 39% from a year ago to 102.5 tonnes. Total investment demand for Q1 2021 increased by 34% to 37.5 tonnes in comparison with Q1 2020.
https://timesofindia.indiatimes.com/topic/Indian-gold-jewellery-demand
Oct 30, 2020 · Jewellery demand fell by 50% in July-September in Gujarat 30 Oct 2020 High price of gold and widespread liquidity crisis post Covid-19 pandemic have dented the demand for gold and gold jewellery. High prices, Covid-19 take sheen of Dhanteras; gold, silver sales down up to 35% 13 Nov 2020
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://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q1-2021/jewellery
Apr 29, 2021 · 191.1. 212%. Source: Metals Focus, World Gold Council. Jewellery demand continued to recover in Q1 but has some way to go to return to pre-pandemic levels. Having been all but decimated by the pandemic between Q1 and Q3 2020, gold jewellery demand recovered towards the end of last year and into Q1 2021.
https://economictimes.indiatimes.com/topic/gold-demand-in-india
Jul 26, 2021 · According to data released by World Gold Council on Thursday, while jewellery demand during Q1 2021 rose by 39 per cent, investment demand, which includes bars, biscuits, e-gold and ETFs, rose 34 per cent. India's gold consumption increases by …
https://www.marketwatch.com/story/gold-demand-steadies-as-jewelry-buyers-counter-falling-investor-appetite-271627531206
2 days ago · Chinese gold demand rose 62% in the quarter on year, and in India demand rose by 25% on year. Investment demand was more mixed. Buyers …
https://www.investopedia.com/news/top-10-countries-highest-demand-gold-jewelry/
Oct 28, 2020 · India is the global leader in gold jewelry consumption. Jewelry consumption in India fell by 32% year-over-year in the second half of 2019. A quarter of the gold jewelry demand …
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