Record high prices pull India gold demand down 11 pc in 2025: WGC

MUMBAI: (Jan 29) India’s gold demand declined by 11 pc in 2025 and is expected to be around 700 tonnes this year, weighed down by record-high prices and changing consumer buying patterns, the World Gold Council (WGC) said in a report on Thursday.

Overall gold demand in India fell 11 per cent to 710.9 tonnes in 2025 and is expected to be between 600 and 700 tonnes in 2026, according to the WGC’s Full-Year 2025 Gold Demand Trends report.

In 2024, the overall gold demand stood at 802.8 tonnes.