India's GOLD Demand Falls 6% YoY
According to the World Gold Council, India's gold demand declined 6% in the June quarter, mainly due to weak jewelry purchases. Demand is expected to recover in H2 2026 if gold prices remain stable, while higher import tariffs continue to fuel smuggling and pressure the formal market.
#Gold #India #WGC #Markets #BinanceSquare
According to the World Gold Council, India's gold demand declined 6% in the June quarter, mainly due to weak jewelry purchases. Demand is expected to recover in H2 2026 if gold prices remain stable, while higher import tariffs continue to fuel smuggling and pressure the formal market.
#Gold #India #WGC #Markets #BinanceSquare