Gold demand up by 75% in state

by

Despite a sharp spike in gold prices from January to March this year, the demand for the yellow Metal remained upbeat during the quarter in Gujarat. Against a 17% decline in gold demand in India during the quarter according to the World Gold Council, gold imports inGujaratgrew 75%

Join Our Telegram Channel
288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
during the same period.

According to the latest report by the World Gold Council, Indias gold demand declined to 112.5 metric tonne (MT) in January to March 2023, down 17%.

Against this, gold imports in Gujarat stood at 14.69MT during the same period, up 75% as compared to 8.39MT in the corresponding period in 2022, according to Ahmedabad Air Cargo Complex (AACC).