Commodities Buzz: India's Gold jewellery demand down 31% in September quarter

Investment demand in the world's second-largest gold consumer jumped 20% year on year in September quarter to 91.6 metric tons, or 67% in value terms to $10.2 billion, the World Gold Council or WGC said in a latest update. However, the country's total gold consumption dropped 16% to 209.4 tons as jewellery demand tanked 31% to 117.7 tons due to record-high prices.

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