Rising Gold Prices Could Push India's Demand to Lowest in Four Years, Says WGC Despite an 8% increase in India’s gold demand in the March quarter, the World Gold Council (WGC) warns that soaring gold prices may reduce the country’s total 2024 gold consumption to a four-year low. Sachin Jain, CEO of WGC’s Indian operations, indicated that if prices keep rising, demand might drop to the lower end of the projected 700 to 800 metric tons range. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Record-Breaking July for CME Group: 24.8 Million Contracts Traded Daily READ MORE Oil Prices Rebound Ahead of Key Industry Reports and Fed Decision READ MORE China's Gold Demand Lags Behind Global Trends in August READ MORE Investment Giants Turn to Gold as Hedge Against Economic Uncertainties READ MORE Jackson Hole Symposium: Powell's Speech to Signal Fed's Rate Cut Strategy READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment