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 demand decreased six percent year-on-year during the April-June quarter. This decline occurred despite a significant fifty percent increase in the value of gold…