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Gold demand up 5% to 803 tonne in 2024 amid trade war
The New Indian Express Hyderabad
|February 06, 2025
DESPITE the yellow metal rallying by over 22%, the country consumed an additional 802.8 tonne of gold in 2024, up 5% over the previous year.
The demand is likely to keep pace this year as well and is likely to be at 700-800 tonne. This increase is despite a 4% drop in imports at 712.1 tonne in 2024 from 744 tonne in the previous year. Meanwhile, following the tit-for-tat tariff wars between the US and China, gold futures rallied to a high o
This story is from the February 06, 2025 edition of The New Indian Express Hyderabad.
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