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Indians buy record $10 bn gold bars, coins
The Statesman Bhubaneswar
|October 31, 2025
In the September quarter, the share of total consumption of gold spiked to an all-time high as the World Gold Council (WGC) said that the rising gold prices are spurring Indian investors to buy bars and coins, with record purchases worth $10 billion.
India remains the world's second-largest gold consumer, and its investment demand in gold spiked 20per cent year on year in September quarter to 91.6 metric tonnes, or 67per cent in value terms to $10.2 billion. Local gold prices also surged 56per cent so far in 2025 after a 21per cent rise last year. The price of local gold prices hit a r
Cette histoire est tirée de l'édition October 31, 2025 de The Statesman Bhubaneswar.
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