New Delhi, Oct 30 (UNI) In the September quarter, the share of total consumption of gold spiked to an all-time high as the World Gold Council (WGC) said that the rising gold prices are spurring Indian investors to buy bars and coins, with record purchases worth USD 10 billion.

India remains the world’s second-largest gold consumer, and its investment demand in gold spiked 20 per cent year on year in September quarter to 91.6 metric tonnes, or 67 percent in value terms to USD 10.2 billion.

Local gold prices also surged 56 per cent so far in 2025 after a 21 per cent rise last year. The price of local gold prices hit a record Rs 132,294 rupees per 10 grams earlier this month.

“Investment demand accounted for 40 percent of total gold consumption in the first nine months of 2025, the highes

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