New Delhi, Oct. 30 -- India's gold demand value in the July-September quarter of 2025 stands at Rs 2,03,240 crores, up 23 per cent from the same period last year, even as overall volumes decline, according to the World Gold Council's Q3 2025 Gold Demand Trends report.

The quarter records total demand of 209.4 tonnes, lower by 16 per cent compared to Q3 2024, showing that higher prices lift value while reducing tonnage. Within this, jewellery demand comes in at 117.7 tonnes, down 31 per cent year-on-year, but its value stays unchanged at Rs 1,14,270 crores.

Investment demand uptick as volumes rise 20 per cent to 91.6 tonnes and value jumps 74 per cent to Rs 88,970 crores. The report attributes the value surge to higher average prices dur...