India's gold demand dropped 6% in Q2 2026 due to weak sales, higher duties, and government appeals to reduce purchases.

India’s gold demand in the June quarter dipped 6 per cent to 131 tonnes as volatile prices forced consumers to postpone their jewellery purchases.

India's gold imports have increased through unofficial channels following a tariff hike. This rise widens margins for grey market operators and impacts organized businesses. …

Global gold demand remained largely unchanged in the April-June quarter as softer prices moderated investment demand after the record rally earlier this year, according to the…