Photo: FXStart
India's Demand Of Gold Is Likely To Recover In 2021, Says WGC Report
The World Gold Council (WGC) on January 27 revealed that the India's gold consumption is expected to recover in 2021. According to the WGC report, India's gold demand dropped down by 35% in 2020 to 446.4 tonnes. However, imports in December 2020 rose to 19% and investment demand rose 8% reflecting the positive impact of demand. India's economy shall grow by 11.5% in 2021, said the International Monetary Fund on January 26.
Tags: Indian Gold, Coronavirus, World Gold Council, investment demand, International Monetary Fund
Courtesy: Zee Business
