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India's gold investment demand tops jewellery for first time ever in March quarter
India's investment demand for gold surpassed jewellery consumption for the first time on record in the March quarter, as investors turned to the precious metal amid subdued equity market returns, the World Gold Council (WGC) said on Wednesday. Stronger investment demand in the world's second-largest consumer of gold partly offset a decline in jewellery buying, hit by a rally in prices, helping keep overall demand stable, the WGC said. "For the first time investment demand surpassed jewellery demand," Sachin Jain, chief executive of the WGC's Indian operations, told Reuters. "Investment demand will ... (full story)
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- Apr 29, 2026 5:45pm Posted byFundamental Analysis168
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