Gold demand outlook: Import duty hike may reduce India’s demand by 50-60 tonnes in 2026; WGC flag effect & more related News Here
According to the World Gold Council (WGC), India’s gold demand in calendar year 2026 is likely to decline by 50-60 tonnes or about 10 per cent compared to the previous year, following the recent increase in import duties, PTI reported. In its India gold market update, the WGC said: “Looking at 2026 holistically, we estimate…