Global Gold ETFs Saw Continued Inflows In February: World Gold Council
Amid uncertainty in stock markets, wealthy investors are parking their money in gold ETFs rather than buying physical gold.
Mar 09, 2025, 14:15 PM IST
India’s Forex Reserves Surge For 3rd Straight Week
The RBI bought another 8 tonnes of gold in November 2024, as Central banks around the world continued their buying spree with a collective purchase of 53 tonnes of the precious metal during the month, according to the latest World Gold Council (WGC) report.
Feb 15, 2025, 14:36 PM IST
Gold Hits Record High Of Rs 87,210 Per 10g Amid Global Economic Uncertainty
According to the World Gold Council, while retail and investor demand for gold continues to grow, global central banks reported a net selling of 3 tonnes (t) in December, according to data from the International Monetary Fund (IMF) and other sources.
Feb 10, 2025, 18:08 PM IST
Any Increase In Import Duty In Budget May Have Adverse Effect: World Gold Council
Similar to the last decade, Jain said they were expecting progressive, people-friendly, and industry-supportive policy announcements.
Jan 26, 2025, 20:58 PM IST
RBI Purchased Another 8 Tonnes Of Gold In Nov As Safe-Haven Asset
The RBI has increased its buying to 73 tonnes in the first 11 months of 2024 and its total gold holdings to 876 tonnes, maintaining its position as the second largest buyer during the year after Poland.
Jan 07, 2025, 12:35 PM IST
India Becomes Second Largest Buyer Of Gold After Poland In 2024: World Gold Council
The Central Bank of Uzbekistan also made significant additions, increasing its reserves by 9 tonnes after a hiatus since July.This brings its year-to-date net purchases to 11 tonnes, with total holdings now at 382 tonnes.
Jan 06, 2025, 20:48 PM IST
COVID-19: Row over Prithviraj Chavan's statement on trusts' gold
Row over Prithviraj Chavan's statement on trusts' gold, Watch the video to know more.
May 15, 2020, 12:28 PM IST
World Gold Council warns India against curbs on gold imports
MD of the Indian operation of the industry body, said gold not at the centre of the current account deficit issue.
Sep 19, 2018, 11:32 AM IST
Gold slips below Rs 32,000 on low demand, global cues
However, silver recovered by Rs 100 to Rs 40,300 per kg on scattered enquiries from industrial units.
May 04, 2018, 15:01 PM IST
Q1 gold demand falls 12% to 115.6 tonne; imports plunge 50%: WGC
In the March 2017 quarter, demand had stood at 131.2 tonne, WGC said in a report.
May 03, 2018, 15:05 PM IST
Gold prices flip to discount as wedding demand underwhelms
Dealers in India were offering a discount of up to $2 an ounce this week over official domestic prices, compared to a $2 premium last week.
Nov 17, 2017, 16:38 PM IST
Gold demand in India seen falling to lowest in 8 years in 2017
Indian demand is likely to be around 650 tonnes in 2017, compared to a 10-year average of 845 tonnes.
Nov 09, 2017, 12:07 PM IST
Spot exchange for gold will benefit trade: WGC
Post introduction of gold spot exchanges, the market in Turkey and China witnessed growth and improvement, WGC said.
Sep 28, 2017, 16:07 PM IST
Global gold demand declines 10% to 953 tonnes in Q2 2017: WGC
Global gold demand declined by 10 percent to 953 tonnes in the April-June quarter of 2017, due to significant slowdown in inflows into Exchange Traded Funds (ETFs), a World Gold Council (WGC) report said.
Aug 03, 2017, 10:31 AM IST
Black gold: India tax hike could boost illegal bullion, jewellery sales
As part of a new nationwide sales tax regime that kicked in on July 1, the Goods and Services Tax (GST) on gold has jumped to 3 percent from 1.2 percent previously, with traders and buyers saying the move will likely force more transactions into the black market.
Jul 04, 2017, 12:32 PM IST
India's gold demand may touch up to 950 tonnes level by 2020: WGC
Economic growth and greater transparency within the country's gold market will boost demand for the yellow metal up to 950 tonnes level by 2020, World Gold Council (WGC) said in a report Wednesday.
Mar 08, 2017, 19:47 PM IST
Gold glittered in 2016 on keen investment demand: WGC
Total demand for gold -- whose twin drivers are jewellery and investment buying -- advanced 2 percent to 4,309 tonnes compared with 2015, London-based industry body WGC said in a report.
Feb 03, 2017, 15:39 PM IST
India's gold demand fell sharply by 21% to 676 ton in 2016
The gold demand for 2015 stood at 857.2 tonne, the WGC data revealed.
Feb 03, 2017, 11:45 AM IST
Demonetisation to benefit jewellery sector in long run: Industry
The jewellery industry, which suffered and saw about 80 percent drop in demand following the demonetisation, is slowly recovering, although it may take over a year for things to become normal, market experts said.
Jan 17, 2017, 20:35 PM IST
India gold consumption drops 28% to 195 tonnes in Q3: World Gold Council
India's gold demand declined by 28 percent to 194.8 tonnes in the third quarter this year mainly due to higher prices, not so recovered rural wallet and regulatory changes, World Gold Council's said in its latest report.
Nov 08, 2016, 13:06 PM IST