The Council predicts Indian demand for gold at 750-850 tonnes 2019, against 760 tonnes in 2018. The June quarter is expected to see brisk business on the back of the traditional wedding season buying and the Akshaya Tritiya festival.
Indian households may have accumulated up to 25,000 tonnes of gold, thereby retaining the tag of the world's largest holders of the metal, according to the World Gold Council (WGC).
Read More at https://www.businesstoday.in/current/economy-politics/indian-households-have-stocked-up-to-25000-tonnes-of-gold-world-gold-council/story/348598.html
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