Sharp Surge In Gold Bar, Coin Purchases

New Delhi: India’s gold demand witnessed a 15 per cent on-year decline to 118.1 tonne in the January-March quarter of this year, even as value grew by 22 per cent to Rs94,030 crore due to surging prices, the World Gold Council (WGC) said on Wednesday.

According to the WGC forecast, India’s gold demand for 2025 is expected to be between 700-800 tonne. Gold prices have risen 25 per cent since the beginning of 2025, approaching the key psychological threshold of Rs1,00,000 per 10 grams, affecting consumer buying patterns.