Indian households sold ~50 tonnes of gold in Apr-Jun amid price-crash fears, lifting recycled supply
Old-gold volumes jumped 40% at buyers like Muthoot Exim as households cashed in at ₹1,43,220/10g, fearing a slide toward ₹1.2 lakh. Sales rose 43% YoY, with 2026 recycled gold seen at 200-250 tonnes—boosting domestic feedstock for jewellers and coin makers.
Indian households sold ~50 tonnes of gold in Apr-Jun amid price-crash fears, lifting old-gold volumes 40% at buyers like Muthoot Exim and boosting domestic recycling supply for jewellers and coin makers.