India’s Gold Demand Drops 3% in 2023 amidst Soaring Prices: World Gold Council
In 2023, Mumbai, India’s gold demand declined by 3 per cent to 747.5 tonnes, and if prices hold out and do not substantially fluctuate, demand could jump to 800-900 tonnes. According to the World Gold Council (WGC) Gold Demand Trends report 2023, the country’s total gold demand stood at 774.1 tonnes in 2022. In 2023,