Global gold demand up 15% in Q2 2016: WGC
Global gold demand grew by 15 percent to 1,050 tonnes in the second quarter of 2016, mainly driven by considerable investment demand, World Gold Council (WGC) said in its latest report.
Aug 11, 2016, 11:29 AM IST
India's gold demand dropped 39% in Q1 2016: World Gold Council
The demand for gold in India for the January-March quarter of 2016 was at 116.5 tonnes, down by 39 percent as compared to the corresponding period of the previous year, the World Gold Council said on Thursday.
May 12, 2016, 14:58 PM IST
Soaring prices may hit gold sales on Akshaya Tritiya
Akshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative to marginal growth compared to last year, on the back of rising gold prices, which is ruling at over Rs 30,000 per 10 grams.
May 06, 2016, 10:43 AM IST
India gold demand remains flat at 849 tonnes in 2015: WGC
India remained cautious on gold buying in 2015 as demand remained nearly flat at 848.9 tonnes compared to the previous year, according to the World Gold Council's Gold Demand Trends report.
Feb 11, 2016, 11:30 AM IST
Gold imports likely to touch 1,000 tonnes this year, up 11%
Buoyed by sharp fall in gold prices globally, India is likely to see a jump of 11 percent in imports of the metal to 1,000 tonnes this year.
Dec 22, 2015, 15:37 PM IST
India's Q3 gold demand jumps 13% to 268 tonnes: WGC
Gold demand in India during the July-September period increased by 13 percent to 268.1 tonnes mainly due to softening of the prices at the beginning of the quarter, World Gold Council has said.
Nov 12, 2015, 15:56 PM IST
Gold schemes will expand consumer choices, help economy: WGC
Lauding the launch of three gold schemes by Prime Minister Narendra Modi, World Gold Council (WGC) on Thursday said the initiative will expand consumer choices and help the economy.
Nov 05, 2015, 21:31 PM IST
India's gold demand could hit 950 tonnes as prices fall: Valcambi
India`s gold demand might reach 950 tonnes this year as lower prices spur buying during the peak festival season and for weddings, the world`s biggest gold refiner, Valcambi, said.
Aug 22, 2015, 22:44 PM IST
India's Q2 gold demand falls 25% to 154.5 tonnes: WGC
India's gold demand during April-June declined 25 percent to 154.5 tonnes due to unseasonal rains in the first quarter that damaged crops and the shrinking of wedding dates, according to the World Gold Council (WGC).
Aug 13, 2015, 12:44 PM IST
Even hallmarked gold jewellery varies in purity
The improvements to the hallmarking system in India are not only essential to a successful gold monetisation scheme but also help to boost the country's gold jewellery exports from the existing $8 billion to $40 billion in the next five years, it said.
Jul 31, 2015, 15:08 PM IST
Gold jewellery export may rise to $40 billion if quality improved
Gold jewellery exports could jump five-fold to USD 40 billion in the next five years if quality standards are improved, the World Gold Council said Thursday.
Jul 30, 2015, 20:33 PM IST
Falling gold prices boost demand in India: WGC
A fall in gold prices has boosted demand in India, the world's second largest consumer, despite the summer months being a traditional quiet period, World Gold Council (WGC) said Thursday.
Jul 23, 2015, 23:55 PM IST
India's Q1 gold demand up 15%: WGC
The demand for gold in India for the first quarter (January-March) of 2015 was at 191.7 tonnes, up by 15 percent as compared to the corresponding period of 2014, World Gold Council (WGC) said in a report on Thursday.
May 14, 2015, 14:27 PM IST
Akshaya Tritiya: Traders expect 25-30% rise in gold sales
Sales of gold jewellery on Akshay Tritiya day Tuesday are expected to jump by 25-30 percent compared last year on this festival day, traders body CAIT said Monday.
Apr 20, 2015, 19:01 PM IST
Indian gold prices swing to premium
Gold prices in top consumer India swung to a premium to the global benchmark this week, compared with discounts late last month, as jewellery demand picked up, dealers said.
Feb 13, 2015, 15:22 PM IST
Global gold demand dipped by 4% in 2014: WGC
The overall gold demand stood at 4,087.6 tonnes in 2013, according to WGC 'Gold Demand Trend 2014' report.
Feb 12, 2015, 11:58 AM IST
India needs to bring gold reforms to raise gold recycling: WGC
India needs to take a leaf out of Turkey's book, which has undertaken gold reforms that helped bring out "stocks under the pillow", to reduce imports and curb smuggling, the World Gold Council on Thursday said.
Jan 22, 2015, 18:56 PM IST
Removal of import curbs to improve official supplies: WGC
The government yesterday scrapped a scheme under which it was mandatory for importers to export 20 percent of the gold they imported. It was put in place in August 2013 to check high gold imports that had widened the current account deficit.
Nov 29, 2014, 15:08 PM IST
Removal of 80:20 scheme will boost jewellers'' confidence: WGC
Under the scheme, 20 percent of the imported gold had to be exported before getting a new lot. The scheme was put in place in August 2013 to curb gold imports, which was considered a major cause for the widening current account deficit of the country.
Nov 29, 2014, 14:35 PM IST
WGC ties up with IIM-A to set up Gold Policy Centre
World Gold Council (WGC) today said it has tied up with Indian Institute of Management, Ahmedabad (IIM-A) for setting up 'India Gold Policy Centre' to do research on gold industry.
Nov 26, 2014, 15:14 PM IST