World Gold Council: India's gold demand decreased by 6% year-on-year in the June quarter, mainly due to sluggish jewelry purchases. India's gold demand is expected to recover in the second half of 2026, provided prices remain stable. India’s increase in gold import duties has fueled smuggling and squeezed out formal market participants.

World Gold Council: India's gold demand decreased by 6% year-on-year in the June quarter, mainly due to sluggish jewelry purchases. India's gold demand is expected to recover in the second half of 2026, provided prices remain stable. India’s increase in gold import duties has fueled smuggling and squeezed out formal market participants.

智通财经2026/07/30 23:11

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World Gold Council: India's gold demand fell by 6% year-on-year in the June quarter, mainly due to weak jewelry purchases. India's gold demand is expected to recover in the second half of 2026, provided prices remain stable. India's increase in gold import duties has fueled smuggling and squeezed formal market participants.

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