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Despite lower volumes, the value of gold demand touched a record Rs 1.98 lakh crore during the quarter. WGC expects festive and wedding season demand to improve in the second half of 2026.
Despite lower volumes, the value of gold demand touched a record Rs 1.98 lakh crore during the quarter. WGC expects festive and wedding season demand to improve in the second half of 2026.
India’s sharp increase in gold import duties has done little to curb the country’s appetite for the precious metal. Highlights• Gold imports jumped 81.7% year-on-year to US$5.63 billion in April 2026, just before the government raised duties from 6% to 15%.• Even after the duty hike took effect on May...
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