Gold Glitters Despite High Prices: Demand Jumps 3% in Q2 2025
A new report from the World Gold Council reveals a surprising surge in India’s gold demand. Despite persistently high prices, the country witnessed a 3 per cent increase in gold consumption during the second quarter of 2025.
The total demand reached a significant 1,249 tonnes, showcasing the enduring allure of gold amongst Indian consumers. This robust demand underscores the metal’s continued importance as a safe haven asset and a key component of cultural traditions.
Experts attribute this trend to various factors, including ongoing wedding seasons and a strong preference for gold as a long-term investment. The festive season ahead is expected to further boost demand in the coming months.
This upward trend in gold consumption has significant implications for the Indian economy, impacting import figures and the overall performance of the precious metals sector. The government will need to closely monitor the situation to manage any potential market volatility.
