India's gold demand dips 8.7% in June quarter
India's gold demand in value terms in the June quarter fell by 8.7% to ₹35,500 crore on account of rising prices, government regulations, and jewellers' strike, according to the World Gold Council's latest report. Further, jewellery demand was down by 10.8% at ₹26,520 crore compared to the previous year period. Total investment demand also declined by 2.1% to ₹8,980 crore. 