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India’s Oct-Dec gold demand to rise 15% to 300 tonnes: WGC

India’s gold demand is likely to increase by over 15 per cent during the last quarter of this year to up to 300 tonne from last year on account of good monsoon and 20 per cent more auspicious days this festival season, the World Gold Council (WGC) said on Tuesday.

‘There is all indication that the overall gold demand during the October-December period will be robust and the demand is likely to be at around 250-300 tonne,’ WGC managing director, India, Somasundaram PR told reporters here.
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