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India’s gold consumption increases 5% to 802 tonnes in 2024

India’s gold consumption increased 5% to 802.8 tonnes in 2024 from 761 tonnes despite a 27% surge in prices, according to the World Gold Council report released on Wednesday.

Consumers bought more bars and coins in 2024, amounting to 239.4 tonnes, the highest since 2013, it said.

On Monday, gold

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