While demand for gold eased in China in the third quarter of 2014, in India buying in the build-up to Deepavali drove Indian jewellery purchases. Overall, demand dropped 2% to 929.3 tonnes in the quarter compared to the same period last year - AFP Photo.
LONDON: Gold consumption fell slightly in the third quarter as sliding jewellery demand in China offset strong growth in India, sector data showed on Thursday.
Overall demand dropped by 2% in the three months ending Sept 30 to 929.3 tonnes compared with the third quarter in 2013, the World Gold Council said.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
