Search For "gold demand"
Gold to reach new height at USD 2750 by year-end, and USD 2900 by Q3 of 20
Updated : 1 year, 5 months ago IST
UBS also predicts gold will climb to USD 2,850 per ounce by mid-2025 and USD 2,900 by the third quarter of 2025, further underscoring its bullish outlook on the metal. The rally in gold prices has been supported by declining US real interest rates, central bank purchases, and a seasonal reco
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High Gold imports has driven India's trade deficit to 10-month high in Aug
Updated : 1 year, 5 months ago IST
The surge in trade deficit in the month of August was primarily driven by record gold imports totalling USD 10.1 billion, said a report by Emkay.
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Gold demand in India surges post duty cut, Global market brace for US elec
Updated : 1 year, 6 months ago IST
The global shift towards gold as a hedge against macroeconomic risks is also being reflected in India. The uncertainty surrounding the US election and potential rate cuts has driven up demand for safe-haven assets like gold.
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Domestic gold prices surge 10% amid global price rally, central bank buyin
Updated : 1 year, 6 months ago IST
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the recently concluded India International Jewellery Show indicate a substantial increase in order bookings from retailers, particularly in preparation for the upcoming festive and wedding season.
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Global gold demand drops 6 pc in Q2 2024 due to slump in jewellery consump
Updated : 1 year, 7 months ago IST
The record-high gold prices took a significant toll on jewellery consumption. Volumes fell 19 per cent y/y to 391 tonnes, the lowest in four years.
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Duty cut will boost gold demand in India, anticipates World Gold Council
Updated : 1 year, 7 months ago IST
The recently announced customs duty cut in the Union Budget will boost the gold demand in the country, making it a bright gold market destination, said the World Gold Council (WGC).
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India's gold demand cools post-festival as prices surge and RBI hits recor
Updated : 1 year, 8 months ago IST
According to WGC press release, despite this pause, the gold market remains robust with significant movements in prices, imports, and investor activity.
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Despite mild corrections, gold and silver price outlook remains firm
Updated : 1 year, 9 months ago IST
Gold, and also silver, are scarce commodities, and any mismatch in demand-supply conditions may invariably trigger a sharp price rise.
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Higher gold imports widen trade deficit to five months high at USD 19.1 bi
Updated : 1 year, 10 months ago IST
Despite strong gold demand in March, the market saw an unexpected downturn as jewellers stocked up for the Indian wedding season.
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Global gold demand stays strong, supporting record-high prices
Updated : 1 year, 10 months ago IST
Global gold demand was up 3 per cent year-on-year at 1,238 tonne in the first quarter of 2024, marking the strongest first quarter since 2016, according to World Gold Council's Gold Demand Trends report.
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High prices weigh India gold demand in Q2: World Gold Council
Updated : 2 years, 7 months ago IST
India’s gold demand in April-June 2023 quarter dropped by 7 per cent to 158.1 tonnes, attributable to high gold prices which significantly impacted affordability and consumer sentiment, said World Gold Council in a report on Tuesday.
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India's gold demand likely to be muted in 2023: World Gold Council
Updated : 2 years, 10 months ago IST
Demand for precious metal gold is expected to be muted in 2023 even as the economic momentum remains healthy and the RBI repo rate hike cycle has paused after a prolonged monetary policy tightening, according to World Gold Council.
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