World Gold Council (WGC)

India's gold demand in Jan-Mar drops by 17% to 112.5 tonnes due to high prices: WGC

"India's gold demand in Q1 2023 fell 17 per cent year-on-year to 112.5 tonnes following record high and volatile gold prices. This impacted sentiment and gold jewellery demand dropped to 78 tonnes from 94.2 tonnes in Q1 2022