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why gold demand in india fall 10% 2023

Hi friends india is one of largest gold import country, people love gold, make jewellery, 
But demand of gold fall 10% in year 2023,
It's break 3 years records
World gold council say, 
Due to this world Market price will effect, rally stop , 
Falling demand for gold import could also help to narrow India trade deficit and support the rupee.
Demand could fall to 700 metric tons in 2023 from 774 metric tons a year ago.
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