India's Gold demand during the July-September period increased by 13% to 268.1 tonnes mainly due to softening of the prices at the beginning of the quarter, as per the data compiled by World Gold Council (WGC).
The demand during the corresponding period last year was stood at 238.2 tonnes. In terms of value, the demand was up 5.8% to Rs 62,939 crore compared with Rs 59,480 crore in Q3 last year.
Jewellery demand for the third quarter was up by 15% at 211.1 tons compared with 184.2 tonnes in the same period last year. In value terms, jewellery demand rose by 7.7% to Rs 49,558 crore from Rs 45,996 crore a year ago, data showed.