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MUMBAI: The country consumed an additional 802.8 tonne of gold in  2024, up 5% over the previous year, despite the yellow metal price rallying by over 22%.
Gold demand in India witnessed a 5 per cent on-year rise at 802.8 tonnes in 2024 supported by reduction in import duty, and purchases related to weddings and festivals, and going ahead consumption of ...
Gold demand in India surged 5% in 2024, reaching 802.8 tonnes, driven by lower import duty and festival purchases. The World Gold Council forecasts 2025 demand between 700-800 tonnes.