India’s gold demand jumped 30 per cent in the first half of 2017 on robust buying towards the end of the April-June quarter, according to the World Gold Council (WGC). . India’s gold demand during January-June jumped to 298.4 tonnes from 229.4 tonnes in the corresponding period of the previous year.

Investment demand was 73 tonnes, taking total demand to 371 tonnes. . “We have forecast gold demand of 650-750 tonnes for the entire year,” said Somasundaram PR, managing director, India, WGC. . While the concerns of a higher goods and services tax remained, ...