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gold demand News
Note ban to benefit jewellery sector in long run: Industry
Tue, Jan 17, 2017
The jewellery industry, which suffered and saw about 80% drop in demand following the demonetisation, is slowly recovering, although it may take over a year for things to become normal, market experts said.
India's gold demand falls over 28% in Q3 of 2016: WGC
Tue, Nov 08, 2016
India's gold demand has fallen over 28% in the third quarter (Q3) of 2016 on the back of strict government policies, high and volatile gold prices and fragile sentiment among the rural population, according to World Gold Council's (WGC) latest 'Gold Demand Trends' report.
Gold slips on dollar strength after two sessions of gains
Tue, Oct 11, 2016
Gold prices edged lower in Asian trade on Tuesday after two sessions of gains, dragged down as the U.S. dollar strengthened. FUNDAMENTALS * Spot gold had dropped 0.3 percent to $1,256.30 an ounce by 0053 GMT.
Gold demand likely to fall to 750 tonnes in 2016 on high price: WGC
Thu, Sep 29, 2016
India's gold demand is likely to fall to around 750-800 tonnes in 2016, as against 860 tonnes last year, mainly due to sharp rise in prices and jewellers' strike following new regulations, World Gold Council (WGC) has said.
Indian gold demand to revive in H2 on surplus monsoon rains, says WGC
Thu, Aug 11, 2016
"We anticipate gold demand to return to normalcy during the peak season of weddings and festivals closer to Diwali, supported by good monsoons that will positively impact rural demand," Somasundaram PR, managing director of the WGC`s Indian operations, said on Thursday.
Global gold demand surges 21% on economic unrest: Report
Thu, May 12, 2016
The first quarter of 2016 was the second-largest ever in terms of the recorded volume of gold.