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Asia Sees Gold Demand Rise Amid Price Drop

8/3/2025

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Summary

Story summary

Asia's physical gold demand rose slightly as prices decreased, despite ongoing market volatility.
In India, gold prices dropped to 97,700 rupees per 10 grams, with discounts narrowing to $7 an ounce.
China's trading volume increased, signaling renewed interest, while Japan maintained steady demand due to low interest rates.
The World Gold Council forecasts India's gold consumption will reach a five-year low by 2025.

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Story summary

Asia's physical gold demand rose slightly as prices decreased, despite ongoing market volatility.
In India, gold prices dropped to 97,700 rupees per 10 grams, with discounts narrowing to $7 an ounce.
China's trading volume increased, signaling renewed interest, while Japan maintained steady demand due to low interest rates.
The World Gold Council forecasts India's gold consumption will reach a five-year low by 2025.