Consumption of gold for jewelry fabrication in India was about 573 metric tons in 2019, a ten percent decrease from the previous year. This decline was mainly due to limited credit flow to manufacturers as banks took a cautious stance after the fraudulent acts of Nirav Modi affecting the banking sector.
Consumption of gold for jewelry fabrication in India from 2010 to 2019
(in metric tons)
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Metals Focus. (June 24, 2020). Consumption of gold for jewelry fabrication in India from 2010 to 2019 (in metric tons) [Graph]. In Statista. Retrieved June 25, 2022, from https://www.statista.com/statistics/1094859/india-gold-consumption-for-jewelry-fabrication/
Metals Focus. "Consumption of gold for jewelry fabrication in India from 2010 to 2019 (in metric tons)." Chart. June 24, 2020. Statista. Accessed June 25, 2022. https://www.statista.com/statistics/1094859/india-gold-consumption-for-jewelry-fabrication/
Metals Focus. (2020). Consumption of gold for jewelry fabrication in India from 2010 to 2019 (in metric tons). Statista. Statista Inc.. Accessed: June 25, 2022. https://www.statista.com/statistics/1094859/india-gold-consumption-for-jewelry-fabrication/
Metals Focus. "Consumption of Gold for Jewelry Fabrication in India from 2010 to 2019 (in Metric Tons)." Statista, Statista Inc., 24 Jun 2020, https://www.statista.com/statistics/1094859/india-gold-consumption-for-jewelry-fabrication/
Metals Focus, Consumption of gold for jewelry fabrication in India from 2010 to 2019 (in metric tons) Statista, https://www.statista.com/statistics/1094859/india-gold-consumption-for-jewelry-fabrication/ (last visited June 25, 2022)