World Gold Council
World's biggest gold ETF will launch new low-fee fund
Sat, May 05, 2018
The move is a sign that cost competition among gold ETFs is heating up after a price war in the much larger equities ETF sector slashed management fees. Gold ETFs allow buyers to invest in physical gold without having to buy and store the metal
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Rural purchases to boost Indian gold demand through December: WGC
Thu, May 03, 2018
Indian gold demand may improve through to December as positive monsoon rains and government efforts to raise farmer incomes could boost rural purchases enough to offset higher prices because of the weak rupee, the World Gold Council (WGC) said.
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Indian gold demand wanes as jewellers expect import tax cut in budget
Tue, Jan 30, 2018
Gold prices in India, the world`s second-biggest user of the precious metal, were at discounts as jewellers were postponing purchases on the expectation that the government will announce an import tax cut in its annual budget on Thursday.
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Gold has delivered positive returns over the long run: WGC
Tue, Jan 16, 2018
In 2017, investors added gold to their portfolios as incomes increased, uncertainty loomed, and gold’s positive price momentum continued, according to World Gold Council. As 2018 begins, the council explores four key market trends and their implications for gold:
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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.
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Budget 2017: World Gold Council demands lowering of gold taxes from current 13%
Mon, Jan 23, 2017
"Total taxes on gold is about 13% at present. This has to come down, between GST and Customs duty, to a reasonable level so that there is no incentive to grey market," Somasundaram P R, head of the WGC's India operations, told PTI.
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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.
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