Consumer demand for gold plunges

Posted on   1:08 pm

The Covid-19 pandemic impacted the consumer sectors of the gold market in the first half of 2020, with total demand dropping by 6 per cent on a year-on-year basis to 2,076 tonne, according to the World Gold Council’s latest ‘Gold Demand Trends’ report. The trend was similar in India with consumer demand hitting a low.