The demand for gold in India fell by 32% to 148.2 tonnes for the period from July to September 2013, due to supply constraints and high inflation, according to the World Gold Council (WGC).
It is expected that in the fourth quarter of this year the demand for yellow metal will be lower than the corresponding figure a year earlier, when it reached 219.1 tons. However, according to the aggregate demand in 2012, it can reach 900 tons, exceeding the demand volume of 860 tons in 2012 .
According to WGC, in the third quarter of 2013 jewelry and investment demand for gold showed a decline of 23% and 48% respectively.