हिंदी में पढ़ें

World Gold Council

Global gold demand reaches record high value of over $100 billion

Global gold demand reaches record high value of over $100 billion

Wed, Oct 30, 2024

Investment demand for gold skyrocketed, more than doubling from the previous year to 364 tonnes. This surge was primarily fueled by a shift in demand for gold exchange-traded funds (ETFs) among Western investors, with global gold ETFs adding 95 tonnes--a notable rebound as this marked the first positive quarter since Q1 2022.

Sachin Jain, CEO, WGC India Explains Why is Gold Demand Soaring? & The Decline in Jewelry Demand

Sachin Jain, CEO, WGC India Explains Why is Gold Demand Soaring? & The Decline in Jewelry Demand

Tue, Jul 30, 2024

How much has the demand for gold increased? Why the decline in demand for jewellery? Watch Neha Anand's exclusive conversation with Sachin Jain, CEO of WGC India.

Global gold demand up 4% in June quarter: World Gold Council

Global gold demand up 4% in June quarter: World Gold Council

Tue, Jul 30, 2024

Gold Demand 2024: Demand for gold increased four per cent on a year-on-year basis to 1,258.2 tonnes in the April-June period, according to the World Gold Council (WGC).

TRENDING NOW

Commodity Superfast: Big pole on gold and silver, gold demand in India increased by 10%

Commodity Superfast: Big pole on gold and silver, gold demand in India increased by 10%

Tue, Oct 31, 2023

World Gold Council: In India, the world's second largest gold consuming country, the demand for gold increased by 10 percent to 210.2 tonnes as compared to 191.7 tonnes a year ago.

Global gold demand drops 6% in Q3; India, China demand up

Global gold demand drops 6% in Q3; India, China demand up

Tue, Oct 31, 2023

Gold demand in China, the world's largest gold-consuming nation, rose marginally to 247 tonne in Q3 this year from 242.7 tonne in the year-ago period.

India's gold demand in January-March drops by 17% to 112.5 tonnes due to high prices: World Gold Council

India's gold demand in January-March drops by 17% to 112.5 tonnes due to high prices: World Gold Council

Sat, May 06, 2023

"Since 2010, barring the pandemic gap, this is the fourth time that Q1 gold jewellery demand fell below 100 tonnes," WGC Regional CEO, India, Somasundaram PR told PTI.

Commodity Superfast: India's Gold Demand Jumps 43% During April-June; Inflation To Hit Future Demand: World Gold Council

Commodity Superfast: India's Gold Demand Jumps 43% During April-June; Inflation To Hit Future Demand: World Gold Council

Thu, Jul 28, 2022

According to the WGC report, the demand for gold in India during April to June stood at 170.7 tonnes, which is 43% higher than the demand of 119.6 tonnes in the same period of 2021. According to the report, the global demand for gold declined by 8% year-on-year to 948.4. Jewellery demand increased by 49% to 140.3 tonnes. Investment demand increased 20% to 30.4 tonnes.

RBI to augment its gold reserves

RBI to augment its gold reserves

Fri, May 10, 2019

Rising trade protectionist measures along with threat of a currency shock and dovish global monetary policy might compel RBI to augment its gold reserves.

World's biggest gold ETF will launch new low-fee fund

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

Rural purchases to boost Indian gold demand through December: WGC

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.

Indian gold demand wanes as jewellers expect import tax cut in budget

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.

Gold has delivered positive returns over the long run: WGC

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:

Indian jewelry sector urges govt to reduce gold import duty

Indian jewelry sector urges govt to reduce gold import duty

Mon, Nov 27, 2017

Indian gold demands declined 24% in Q32017 after witnessing three quarters growth. This has hampered the earnings of this sector.

Post GST gold demand drops 25% in India, 3% globally in Q2 FY18

Post GST gold demand drops 25% in India, 3% globally in Q2 FY18

Thu, Nov 09, 2017

Global gold demand slumps after India introduced GST and tightened the laws with Prevention of Money Laundering Act.

Gold ETFs surge by 31.4 tonnes in August; Europe accounts for 39% of global growth

Gold ETFs surge by 31.4 tonnes in August; Europe accounts for 39% of global growth

Wed, Sep 06, 2017

Asia funds lost 2.4t (-$80mn, -3.0% AUM), with most of the gold-backed funds losing assets while derivatives demand increased through gold futures markets in the region.

India drives gold demand single-handedly in second quarter, WGC says

India drives gold demand single-handedly in second quarter, WGC says

Thu, Aug 03, 2017

WGC said, "India drove global Q2 jewellery demand growth almost single-handedly. Demand shot up to 126.7t compared with just 89.8t in Q2 2016."

GST could dampen India gold demand in short-term: WGC

GST could dampen India gold demand in short-term: WGC

Thu, Jul 06, 2017

There have been fears the tax increase could stoke under-the-counter buying and drive up appetite for precious metal smuggled into India, where millions of people store chunks of their wealth in bullion and jewellery.

Indian gold imports to drop back sharply after Q1 spike: WGC

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.

India continues to pull sluggish global gold demand higher

India continues to pull sluggish global gold demand higher

Thu, May 04, 2017

World Gold Council said, "The steady state of global demand concealed a more varied country-level picture. Gains were concentrated in India, Iran and the US, just outweighing modest losses elsewhere."

India's gold demand may touch up to 950 tonnes level by 2020 on economic growth, greater transparency says WGC

India's gold demand may touch up to 950 tonnes level by 2020 on economic growth, greater transparency says WGC

Wed, Mar 08, 2017

World Gold Council on Wednesday said India's gold demand may go up to 950 tonnes level by 2020 on back of economic growth and greater transparency.

Demonetisation drive to favour country's big gold jewellery store chains: World Gold Council

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.

Budget 2017: World Gold Council demands lowering of gold taxes from current 13%

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.

Note ban to benefit jewellery sector in long run: Industry

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.

Load More

LIVE TV

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x