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Gold demand drops 70% in June qtr, imports sink 95%

Gold demand drops 70% in June qtr, imports sink 95%

by Patanjal Kumar | Jul 31, 2020 | Apparel, Fashion & Retail, Fashion, News & Insights

Overall demand stood at a record low of 63.7 tonnes, down from 213.2 tonnes, lowest since 2010. Jewellery demand was at 44 tonnes, a drop of 74%, from 168.6 tonnes, registered in the same quarter of the previous fiscal, data from World Gold Council showed....

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