World Gold Council: India’s gold demand fell 6% YoY in the June quarter, driven by weak jewellery 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.

2026-07-30

World Gold Council: India’s gold demand fell 6% YoY in the June quarter, driven by weak jewellery 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.