USD $4,613.00 −1.44% US Dollar, 4,613.00 per Troy Ounce, Down 1.44 percent today
EUR €3,948.84 −1.44% Euro, 3,948.84 per Troy Ounce, Down 1.44 percent today
GBP £3,381.32 −1.44% British Pound, 3,381.32 per Troy Ounce, Down 1.44 percent today
AED د.إ16,941.24 −1.44% UAE Dirham, 16,941.24 per Troy Ounce, Down 1.44 percent today
SAR ﷼17,298.75 −1.44% Saudi Riyal, 17,298.75 per Troy Ounce, Down 1.44 percent today
INR ₹441,663 −1.44% Indian Rupee, 441,663 per Troy Ounce, Down 1.44 percent today
PKR ₨1,274,594 −1.44% Pakistani Rupee, 1,274,594 per Troy Ounce, Down 1.44 percent today
JPY ¥732,909 −1.44% Japanese Yen, 732,909 per Troy Ounce, Down 1.44 percent today
CNY ¥31,105.68 −1.44% Chinese Yuan, 31,105.68 per Troy Ounce, Down 1.44 percent today
AUD A$6,442.96 −1.44% Australian Dollar, 6,442.96 per Troy Ounce, Down 1.44 percent today
CAD C$6,347.99 −1.44% Canadian Dollar, 6,347.99 per Troy Ounce, Down 1.44 percent today
CHF CHF3,694.47 −1.44% Swiss Franc, 3,694.47 per Troy Ounce, Down 1.44 percent today
TRY ₺221,751 −1.44% Turkish Lira, 221,751 per Troy Ounce, Down 1.44 percent today

USD $4,613.00 −1.44% US Dollar, 4,613.00 per Troy Ounce, Down 1.44 percent today
EUR €3,948.84 −1.44% Euro, 3,948.84 per Troy Ounce, Down 1.44 percent today
GBP £3,381.32 −1.44% British Pound, 3,381.32 per Troy Ounce, Down 1.44 percent today
AED د.إ16,941.24 −1.44% UAE Dirham, 16,941.24 per Troy Ounce, Down 1.44 percent today
SAR ﷼17,298.75 −1.44% Saudi Riyal, 17,298.75 per Troy Ounce, Down 1.44 percent today
INR ₹441,663 −1.44% Indian Rupee, 441,663 per Troy Ounce, Down 1.44 percent today
PKR ₨1,274,594 −1.44% Pakistani Rupee, 1,274,594 per Troy Ounce, Down 1.44 percent today
JPY ¥732,909 −1.44% Japanese Yen, 732,909 per Troy Ounce, Down 1.44 percent today
CNY ¥31,105.68 −1.44% Chinese Yuan, 31,105.68 per Troy Ounce, Down 1.44 percent today
AUD A$6,442.96 −1.44% Australian Dollar, 6,442.96 per Troy Ounce, Down 1.44 percent today
CAD C$6,347.99 −1.44% Canadian Dollar, 6,347.99 per Troy Ounce, Down 1.44 percent today
CHF CHF3,694.47 −1.44% Swiss Franc, 3,694.47 per Troy Ounce, Down 1.44 percent today
TRY ₺221,751 −1.44% Turkish Lira, 221,751 per Troy Ounce, Down 1.44 percent today

Tagged: consumer demand

Analysis 23 Aug 2026 4 min read

Why Indian and Chinese Demand Shapes the Gold Market

The gold price is heavily influenced by demand from India and China, the world's two largest consumers, whose cultural and economic factors create recurring patterns.