ReferIndia News Gold price rise hits jewellery demand in India, volumes fell 24% in 2025: World Gold Council

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Gold price rise hits jewellery demand in India, volumes fell 24% in 2025: World Gold Council

Published on: Jan. 29, 2026, 3:39 p.m. | Source: The Economic Times

Indias gold jewellery demand by volume fell sharply in 2025 as record prices curbed buying, with consumption dropping 24% year-on-year to 430.5 tonnes, according to the World Gold Council. However, higher prices pushed the value of Indias jewellery demand to a record $49 billion.

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