Commodity Superfast: Indias Gold Demand Jumps 43% During April-June; Inflation To Hit Future Demand: World Gold Council

According to the WGC report, the demand for gold in India during April to June stood at 170.7 tonnes, which is 43% higher than the demand of 119.6 tonnes in the same period of 2021. According to the report, the global demand for gold declined by 8% year-on-year to 948.4. Jewellery demand increased by 49% to 140.3 tonnes. Investment demand increased 20% to 30.4 tonnes.