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"Jewellery demand in the world’s second largest consumer slumped 41% to 73.9 tonnes , thanks to a 25% jump in quarterly average price to Rs 36,874 per 10 gm (ex import duty and GST) and the fallout from Covid 19, the WGC latest global demand trends report shows.  "
<https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/virus-high-gold-prices-dent-indias-q1-jewellery-demand-by-41-wgc/75506251>