Both jewellery and investment demand is lower globally, despite a pick-up in global demand for gold exchange traded funds (ETFs). Here is a quick recap of what impacted gold demand and prices the most. Indian demand made the differenceThe biggest disruptor for overall gold demand has been the demand shortfall in India, which till 2011 used to be the largest consumer of gold. According to the Demand Trend report from World Gold Council for Q3 2017, demand remained under pressure thanks to two major events. Both these events led to a 24% drop in domestic gold demand for the third quarter of 2017.

Source: Mint December 27, 2017 11:03 UTC