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Somasundaram PR News
Indian gold imports to drop back sharply after Q1 spike: WGC
Thu, May 18, 2017
Full-year imports will be little changed from 2016`s 524 tonnes, gold industry-funded WGC`s managing director for India Somasundaram PR said.
Demonetisation drive to favour country's big gold jewellery store chains: World Gold Council
Tue, Jan 24, 2017
India`s drive to bring transparency to bullion trading, along with the rise of branded gold jewellery, could help major retailers raise their share of the world`s second-biggest gold market to 40% by 2020, the World Gold Council (WGC) said.
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.