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India's gold demand set to hit 6-year low in 2026: World Gold Council

India's gold demand set to hit 6-year low in 2026: World Gold Council
Photograph: Times Now

The World Gold Council projects India's gold demand will fall to 650 metric tons in 2026, a six-year low. Record-high prices have reduced jewellery purchases, with demand dropping 29% in the September quarter. Additionally, illegal gold imports surged to 50 metric tons in the third quarter, up from 3 tons the previous year, following a government duty hike.

Source: India's gold demand set to hit 6-year low in 2026: World Gold Council — Times Now

A daily AI-made news meme from Jester · Nov 3, 2026.

Topics: gold price · gold demand · world gold council · india economy · gold imports

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