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Gold Demand In India

India's gold demand likely to fall to six-year low in 2026 on price rise

The country, the ‌world's biggest gold consumer after China, is grappling with rising living costs in the wake of the Iran war, while a weak monsoon could curtail rural demand for jewellery

India's gold demand likely to fall to six-year low in 2026 on price rise
Updated On : 03 Nov 2026 | 12:19 PM IST

Jewellers hold back gold purchases betting on further price drops

Gold fell below $4,000 an ounce last week for the first time since July, extending its decline to about 24% since the US-Iran war began in late February

Jewellers hold back gold purchases betting on further price drops
Updated On : 28 Oct 2026 | 9:43 AM IST

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

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. "However, it's been a record in terms of the value of demand. So, consumption was Rs 1,98,100 crores, compared with Rs 1,32,500 crores in the same period in 2025, which is up by 50 per cent compared to the second quarter of 2025, highlighting that consumers continue to prioritise gold even in a high-price environment," WGC Regional CEO, India, Sachin Jain told PTI. Going forward, for the year, WGC estimated the demand to stay between 650 and 750 tonnes. "We still see demand in the range of 650 to 750 tonnes for this year. However, given the current geopolitical landscape, .

India's gold demand falls 6% in April-June on weak demand, higher duty: WGC
Updated On : 30 Jul 2026 | 1:04 PM IST

Gold demand in India diminishes as prices rebound; China buying improves

Prices fell about 8.4% in June, the first monthly drop since March, tracking volatility in international gold prices

Gold demand in India diminishes as prices rebound; China buying improves
Updated On : 03 Jul 2026 | 12:39 PM IST

Gold demand stays muted in India despite price drop to two-month low

India's physically backed gold exchange-traded funds (ETFs) recorded their first net monthly outflow in a year in May, driven by profit-taking following a price rally on higher import duties

Gold demand stays muted in India despite price drop to two-month low
Updated On : 19 Jun 2026 | 1:05 PM IST

Gold demand in India slightly improves as prices slip; China premiums ease

Gold prices in India ​dropped to their lowest since April 2 at ₹146,444 per 10 grams ‌on Thursday, and are down 1.5 per cent for the week so far

Gold demand in India slightly improves as prices slip; China premiums ease
Updated On : 12 Jun 2026 | 12:22 PM IST

Gold demand in India tepid on price volatility; China premiums narrow

Dealers in India quoted discounts of up to $106 ‌an ounce over official domestic prices this week, inclusive of 15% import and 3% sales levies, up from discounts of up to $78 an ounce last week

Gold demand in India tepid on price volatility; China premiums narrow
Updated On : 29 May 2026 | 1:20 PM IST

Gold imports need structural solutions, not knee-jerk restrictions

India is one of the biggest consumers of gold in the world, and most of it is imported. A variety of social, cultural, economic and religious factors drive demand

Gold imports need structural solutions, not knee-jerk restrictions
Updated On : 14 May 2026 | 10:15 PM IST

India gold demand subdued on higher prices, China premiums hold firm

Spot gold prices have ​risen over 2 per cent so far this week on easing fears of inflation and ‌higher interest rates, as investors remained optimistic about a US-Iran peace deal

India gold demand subdued on higher prices, China premiums hold firm
Updated On : 08 May 2026 | 12:21 PM IST

Gold investment demand tops jewellery buying for first time in India

Stronger investment demand in the world's second-largest consumer of gold partly offset a decline in jewellery buying, hit by a rally in prices, helping keep overall demand stable

Gold investment demand tops jewellery buying for first time in India
Updated On : 29 Apr 2026 | 11:54 AM IST

Gold demand in India lacklustre as elevated prices curb festive buying

Domestic gold prices were trading around ₹1,53,200 per 10 grams on Friday, after rising to ₹1,55,065 earlier this week, the highest in a month

Gold demand in India lacklustre as elevated prices curb festive buying
Updated On : 17 Apr 2026 | 12:55 PM IST

Banks halt gold, silver imports amid delay in government clearance

Without fresh imports, India could face supply shortages, as the ​world's second-largest gold consumer and biggest silver buyer relies on overseas purchases to meet nearly all its demand

Banks halt gold, silver imports amid delay in government clearance
Updated On : 17 Apr 2026 | 10:21 AM IST

Gold demand in India picks up ahead of Akshaya Tritiya, China premiums ease

Akshaya Tritiya, the second-biggest gold-buying festival in India after Dhanteras when buying gold ‌is considered auspicious, will be celebrated on April 19

Gold demand in India picks up ahead of Akshaya Tritiya, China premiums ease
Updated On : 10 Apr 2026 | 11:15 AM IST

Indian gold investment demand hits record $10 billion in Sep quarter: WGC

Overall gold consumption, however, fell 16 per cent to 209.4 tonnes as jewellery demand slumped 31 per cent to 117.7 tonnes due to record-high prices

Indian gold investment demand hits record $10 billion in Sep quarter: WGC
Updated On : 30 Oct 2025 | 12:46 PM IST

Why Dhanteras remains India's biggest gold-buying day despite record prices

As gold prices peak, Indian households still spend big on Dhanteras, showing how faith and finance continue to shape the country's festive buying patterns

Why Dhanteras remains India's biggest gold-buying day despite record prices
Updated On : 18 Oct 2025 | 9:42 AM IST

Gold price rises ₹10 to ₹99,010; silver up ₹100, trading at ₹99,100

The price of 22-carat gold climbed ₹10, with ten grams of the yellow metal selling at ₹90,760

Gold price rises ₹10 to ₹99,010; silver up ₹100, trading at ₹99,100
Updated On : 08 May 2025 | 7:37 AM IST

Gold price dips ₹10 to ₹98,340, silver price falls ₹100 to ₹1,00,900

The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹90,140

Gold price dips ₹10 to ₹98,340, silver price falls ₹100 to ₹1,00,900
Updated On : 24 Apr 2025 | 7:58 AM IST

Senco Gold pops 5% for 3rd straight day on promoter's acquisition of shares

As per disclosure made by Senco Gold to stock exchange, reveals that the promoters have bought 241,400 equity shares representing 0.15 per cent holding in the company via open market.

Senco Gold pops 5% for 3rd straight day on promoter's acquisition of shares
Updated On : 20 Mar 2025 | 1:13 PM IST

Gold may hit $3,100 in short-term on hawkish pause by US Fed: Analyst

Gold Rate Today: FOMC rate decision, due tonight, will be crucial for commodities. The Fed is expected to keep the overnight Fed Fund rates unchanged at 4.25 per cent-4.50 per cent with a hawkish tilt

Gold may hit $3,100 in short-term on hawkish pause by US Fed: Analyst
Updated On : 19 Mar 2025 | 11:01 AM IST

Gold discounts in India hit 8-month high as record prices dampen demand

Indian dealers this week offered a discount of up to $39 an ounce over official domestic prices, including 6 per cent import and 3 per cent sales levies, up from a discount of $10 to $21 last week

Gold discounts in India hit 8-month high as record prices dampen demand
Updated On : 14 Mar 2025 | 1:45 PM IST