Both India and China are likely to consume around 900-1,000 mt of gold in 2015, which would be an increase from 2014 for India and roughly flat for China, the World Gold Council said Thursday, May 14.

India consumed 842.7 mt of gold in 2014, compared with 813.6 mt in China.

This was a shift from 974.8 mt for India and 1,311.8 mt for China in 2013.