The World Gold Council (WGC) Gold Demand Trends Q2 2022 report denotes that festival purchases lifted retail gold investments in India during the quarter. The bar and coin demand totalled 30 tonnes in Q2 this year, significantly higher by 20% over the prior year quarter. The demand totalled 72 tonnes during the first six months of 2022, higher by 11% than H1 2021. The heightened bar and coin investment in Q2 was supported by robust festival purchases during Akshaya Tritiya. Meantime, WGC noted that the Q3 investment demand is likely to remain somewhat subdued. The Turkish bar and coin demand reported another weak ... (full story)