India Gold Demand Almost Doubles to 365 Tons in First Half, Council Says.
Gold demand in India, the biggest consumer, almost doubled to 365 metric tons in the first half from a year earlier, the World Gold Council said.
Investment demand more than tripled to 92.5 tons in the six months ended June 30 from 25.4 tons and jewelry demand rose 67 percent to 272.5 tons, the producer-funded group said in an emailed statement today.
?We anticipate gold demand will remain robust throughout 2010? in India as the festival and marriage season approaches, Ajay Mitra, managing director, Middle East and India, at the council, said in the statement.
