India's gold tariff hike boosts grey market, hurts organised trade: WGC
2 sources·Updated July 30, 2026
Covered by 2 sources
- Business Today IN·14h agoIndians spent Rs 65,000 crore more on gold in Q2 despite buying less. Here's why
According to the World Gold Council's Gold Demand Trends Q2 2026 report, total gold demand in India fell to 131.4 tonnes in the April-June quarter of 2026 from 139.7 tonnes in the corresponding period last year, a decline of nearly 6%. However, the total value of purchases…
Read at Business Today IN → - Business Standard·19h agoIndia's gold tariff hike boosts grey market, hurts organised trade: WGC
The World Gold Council says higher tariffs have widened the price gap, boosting grey-market gold imports and hurting organised players in India
Read at Business Standard →
