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Global gold demand flat in Q2; India's consumption drops 6% amid higher prices, duty: WGC

World Gold brief based on reporting byCNBC TV18
Brief

Reported by CNBC TV18: “Global gold demand flat in Q2; India's consumption drops 6% amid higher prices, duty: WGC”. Gold settled at $4,173 an ounce on July 30, 2026 — $134.17 per gram, +3.43% on the day. The headline carries a figure: 6% — quoted as published, not independently verified. The story touches India: we track local prices and customs flows for those.

Why it matters

The development may change short-term gold-price expectations. Confirmation requires comparing the headline with COMEX, the dollar, yields and trading volume.

Transmission channels
  • COMEX price
  • US Dollar Index
  • US 10Y yield
  • volume and momentum
What to watch next
  • price confirmation
  • trading volume
  • cross-asset reaction
  • official confirmation of 6%
  • reserve and import data: India
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherCNBC TV18
Data on this topicGold price and reserves in IndiaGold price today by currency
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