India's gold consumption in 2025 is set to moderate from last year's nine-year peak, as a rally in prices to a record high is seen dampening jewellery demand, even as investment demand rises, the World Gold Council (WGC) said on Wednesday.

Gold jewellery demand fell 14 per cent in the UAE in the fourth quarter of 2024 due to high prices and India’s decision to cut import duty on gold from 15 ..

Gold demand in India has risen by 5% in 2024, reaching 802.8 tonnes, driven by factors such as lower import duties and increased purchases during wedding seasons and festivals. The World Gold Council

The fourth-quarter of 2024 set the seal on a very weak year for global gold jewellery demand as record price levels impacted affordability. A 12% y/y drop in Q4 gold jewellery consumption to 547t- took the annual total down to 1,

MUMBAI: Gold demand in India witnessed a 5 percent on-year rise at 802.8 tonnes in 2024 supported by reduction in import duty, and purchases related to weddings and festivals, and going ahead consumption of the yellow metal in 2025 is likely to be between 700-800 tonnes,