Inflation, price rise could dent India's gold demand in July-Dec: WGC - The Economic Times

India's annual inflation rate in June remained painfully above the 7% mark and beyond the central bank's tolerance band for the sixth month in a row, raising the prospects for more rate hikes by the central bank next month.

MUMBAI: India's gold demand in the first half of 2022 jumped 42% from a year ago but consumption in the second half could be lower than last year as higher inflation erodes disposable income, the Wor… [+1651 chars]

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