India's gold demand to see four-year high in July-Dec period

Gold demand in India is likely to hit a four-year high between July and December on strong demand from the jewellery sector. The World Gold Council (WGC) has estimated India’s gold demand in 2015 at 900-1,000 tonnes. Demand is likely to be at least 554 tonnes in the second half of 2015 as the first half saw demand for 346.2 tonnes of the metal.

India's gold demand to see four-year high in July-Dec period