Gold Loses Shine as India’s Demand Slips 16% Amid Soaring Prices
The 16 percent volume decline in India's gold demand during the July-September quarter of 2025, juxtaposed with a surge in its value, offers a fascinating and complex picture of the nation’s economic and cultural relationship with the yellow metal. This dual trend, where high prices lead to lower physical purchases but higher import expenditure, serves as a crucial indicator for policymakers regarding the Current Account Deficit (CAD), household savings, and consumption dynamics.













