Gold loses festive sparkle as demand drops 16% in India; investment rush offsets jewellery slump: WGC data
India's gold demand saw a 16% dip in Q3 2025, with record prices curbing jewellery sales despite a 20% surge in investment buying. Jewellery demand fell 31% by volume, yet its value held steady. This shift highlights a growing preference for gold as a long-term asset, with early signs of recovery expected for the festive season.
India's gold demand saw a 16% dip in Q3 2025, with record prices curbing jewellery sales despite a 20% surge in investment buying. Jewellery demand fell 31% by volume, yet its value held steady. This shift highlights a growing preference for gold as a long-term asset, with early signs of recovery expected for the festive season. What's Your Reaction?
