Wednesday, June 23, 2021

Country’s gold demand recovers during January to March period to witness a growth of 37 per cent

The country’s gold demand recovered during the January to March period to witness a growth of 37 per cent, at 140 tonnes compared to the same quarter of 2020, due to ease of COVID-related restrictions, pent up demand and softening of its prices, according to the World Gold Council (WGC).

Gold demand in value terms jumped 57 per cent, year-on-year, during the first quarter of this calendar year to Rs 58,800 crore.

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