India's gold demand set to hit six-year low in 2026: Report

India's gold demand is expected to fall to 650 metric tonnes in 2026, its lowest level in six years, as per World Gold Council. High prices and a weak monsoon have weighed on purchases, with jewellery demand falling 20% and investment demand declining 40%. Gold imports dropped in the September quarter, due to increased unofficial inflows following a duty hike.