Friday, March 25, 2016

India’s gold demand up by 2.5% in 2015: WGC

India’s demand for gold recovered to increase by 2.5% in 2015 as reported by The World Gold Council (WGC).
  • Investment in gold is turn down by 6% year-on-year in volume terms, jewellery demand expanded 5.3%.
  • Gold demand was valued at Rs 2, 02,910 crore.
  • Total gold recycled in India in Q4 2015 was 20 tonnes.
  • The value of jewellery rise by 41% to Rs 40,595.36 crore
  • Total jewellery demand for Q4 2015 was up by 6.39% at 173.1 tonnes

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