India's Q2 gold demand falls 6 pc; investment demand stays resilient

Mumbai, July 30 (IANS) India's gold demand declined 6 per cent year-on-year (YoY) to 131.4 tonnes during the April-June quarter of 2026, as subdued seasonal demand, higher customs duty and a shift in consumer sentiment weighed on purchases, according to the World Gold Council's (WGC) latest Q2 2026 Gold Demand Trends report.

The country's total gold demand stood at 131.4 tonnes in the quarter, down from 139.7 tonnes in the corresponding period last year, with jewellery consumption witnessing the sharpest decline.