World Gold Council

Global gold demand near 5-year low in Q3, India overtakes China: WGC

Global gold demand fell to its lowest in nearly five years in the third quarter as Chinese buying slid by a third, the World Gold Council said on Thursday, putting it back behind India as the world`s biggest gold consumer.

Nov 13, 2014, 15:18 PM IST

Appetite for jewellery boosts India gold demand: WGC

Jewellery demand in India surged 60 percent in the third quarter, but investment demand eased 10 percent.

Nov 13, 2014, 10:50 AM IST

India should aim $40 billion gold jewellery exports by 2020: WGC

The country should also put to use about 22,000 tonnes of gold lying idle with households and temples and reduce its dependence on imports in the next five years, it said.

Oct 04, 2014, 18:50 PM IST

'Put gold to work for economy'

The WGC Saturday unveiled its vision for year 2020 for the Indian gold industry at the India International Bullion Summit.

Oct 04, 2014, 14:38 PM IST

Gold demand will increase, says World Gold Council

The World Gold Council is confident that 2014 would end on a robust note in gold demand in India, contrary to the initial drop in the first half.

Sep 26, 2014, 18:40 PM IST

India says not considering immediate gold import duty cut

India is not considering an immediate cut in gold import duties, Trade Minister Nirmala Sitharaman said on Wednesday, extending a policy that has helped narrow the country`s trade deficit but is believed to have led to an increase in smuggling.

Sep 10, 2014, 20:22 PM IST

Gold little changed near 2-month low on firm dollar, equities

Gold was barely changed on Tuesday and held near its weakest level in two months as a firmer U.S. dollar and rallies in equities undermined the metal`s appeal as an alternative investment.

Aug 26, 2014, 08:59 AM IST

Weak monsoon may hit gold demand in rural India, says WGC

Gold demand in rural India is expected to be lower this year with weak monsoon affecting household savings, according to the World Gold Council (WGC).

Aug 21, 2014, 16:29 PM IST

Gold imports dip 26.39% to $1.81 billion in July

Imports of gold in July 2013 stood at USD 2.46 billion.

Aug 14, 2014, 22:40 PM IST

Gold import falls by 43% to 351 tonnes in H1, 2014

Gold imports fell by 43 percent to 351 tonnes in the first six months of this year as a hike in import duty curbed inbound shipments, according to the World Gold Council (WGC).

Aug 14, 2014, 19:51 PM IST

India's Q2 gold demand drops by 39% to 204.1 tonnes: WGC report

India's Q2 2014 gold demand value fell by 41 percent to Rs 50,564.3 crore, compared to Rs 85,533.8 crore in Q2 2013.

Aug 14, 2014, 12:05 PM IST

Global Q2 gold demand slips 16% to 964 tonnes: WGC

Global gold demand in the second quarter of this year declined by 16 percent to 964 tonnes as consumers and investors held back due to an uncertainty about the direction and momentum in prices of the metal, a WGC (World Gold Council) report has said.

Aug 14, 2014, 12:00 PM IST

Gold import rules likely to stay until next year: WGC

Demand in 2014 will be 850-950 tonnes, the industry body said, down 50 tonnes from its earlier forecast.

Aug 14, 2014, 09:56 AM IST