India’s gold demand grew by 9.1 percent to 727 tonne in 2017 due to low prices coinciding with Dhanteras, positive economic backdrop and improved consumer sentiment especially in rural areas, according to a World Gold Council (WGC) report.
The total demand stood at 666.1 tonnes in 2016, WGC said in its latest Gold Demand Trends report.
Vakrangee continued its downtrend for another session, falling 10 percent, taking seven consecutive days loss to more than 60 percent.
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