India's Eternal Love for Yellow Metal over the Last 10 Years
8. Year: 2010
Amid high volatility in prices and huge demand of gold in the country in the year 2010, jewellery retailers had demanded tapping of the yellow metal in the domestic market itself through bonds and gold deposits.
The retailers had also mulled putting a stop to selling of gold coins and gold bars to curtail investments made in gold, reported PTI. The gold demand in 2010 was 1,006.3 in terms of tones.
9. Year: 2011
The gold demand was witnessing surge in the demand of the metal instead of prices soaring at a rapid speed in 2011. The demand for gold was 986.3 in tones and 
23, 624.1 per 10 gram. The annual average rate was $1,571.5 per ounce.
10. Year: 2012
In 2012 the demand slowed down little bit compared to 2011. The country’s gold demand deprecitated almost by 19 percent mainly due to subdued consumption during first two quarters, World Gold Council (WGC) said.
The demand for gold in India was 864.2 tonnes by end of 2012, in comparison to 986 tonnes in 2011.
11. Year 2013
Gold maintained its strong momentum for the third straight session in 2013 at the domestic bullion market, posting gains due to aggressive demand from stockists and investors amid firm overseas support.
With gold prices tumbling to a 15-month low, retailers have been witnessing surge in demand and expect up to 50 per cent spike in sales volume in this marriage season of the current year.
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