Gold loses festive sparkle as demand drops 16% in India; investment rush offsets jewellery slump: WGC data

Oct 30, 2025 - 18:30
Gold loses festive sparkle as demand drops 16% in India; investment rush offsets jewellery slump: WGC data

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India's gold demand saw a 16% dip in Q3 2025, with record prices curbing jewellery sales despite a 20% surge in investment buying. Jewellery demand fell 31% by volume, yet its value held steady. This shift highlights a growing preference for gold as a long-term asset, with early signs of recovery expected for the festive season.

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