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Gold demand hit 25-year low
February 6 , 2021
1263 days
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- Gold demand in India hit a 25-year low at 446.4 tonnes in 2020, due to the COVID-19 induced lockdown.
- It was compared with 690.4 tonnes in 2019.
- Total jewellery demand in India for 2020 was down by 42% at 315.9 tonnes.
- It was compared with 544.6 tonnes in 2019.
- Total investment demand for the calendar year was down by 11% at 130.4 tonnes
- It was in comparison with 145.8 tonnes in the previous year.
- India’s gold demand dropped by over a third in 2020.
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