Gold Demand Increases By 43% In April-June Quarter2
The Union minister said, India's gold demand went up by 43% during the April-June quarter, which stood at 170.7 tonnes, higher than the previous 119.6 tonnes. However, considering the inflation factors ahead, including Rupee-USD rates and policy measures consumer sentiments could be hurt, as prices could go up. Notably, India's gold demand increased by 54% during the second quarter to Rs 79,270 crore, compared to Rs 51,540 crores.
Tags: union ministry, GOLD DEMAND, Gold Purchase, Inflation, INDIAN MARKET
Courtesy: Press Trust of India