World Gold Council: India’s gold demand fell 6% YoY in the June quarter, driven by weak jewelery purchases. WGC expects demand to recover in H2 2026 if prices remain stable. Higher Indian gold import tariffs have boosted smuggling and squeezed formal

2026-07-30

World Gold Council: India’s gold demand fell 6% YoY in the June quarter, driven by weak jewelery purchases. WGC expects demand to recover in H2 2026 if prices remain stable. Higher Indian gold import tariffs have boosted smuggling and squeezed formal market participants.