Search For "world gold council"
Amid record gold prices, people selling old gold jewellery and booking pro
Updated : 1 year ago IST
The record-breaking surge in gold prices has dimmed the appeal of the retail jewellery demand. The drop in gold imports in January also indicates the pullback in demand.
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Unlock instant funds with Bajaj Finserv Gold Loan in India
Updated : 1 year ago IST
Pune (Maharashtra) [India], February 17: As per the World Gold Council's report from January 2023, India stands as the world's second-largest consumer of gold, highlighting its deep cultural significance. Gold in India is far more than just an asset, it serves as a trusted source of immediat
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Gold hits record high of Rs 87,210 per 10g amid global economic uncertaint
Updated : 1 year, 1 month ago IST
Gold has witnessed a consistent upward trend since the beginning of February. On February 1, the price of 22K gold was Rs7,760 per gram, while 24K gold stood at Rs8,464 per gram.
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Buying by Central banks leads to record global gold demand; Jewellery dema
Updated : 1 year, 1 month ago IST
This surge was driven primarily by strong central bank purchases and increased investment demand. The combination of record-breaking gold prices and high volumes resulted in an all-time high total value of demand, reaching USD 382 billion.
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Any increase in import duty in Budget may have adverse effect: World Gold
Updated : 1 year, 1 month ago IST
The government's decision last July to reduce import duties on gold has significantly had a positive impact on the industry, and any increase in tariffs in the upcoming Budget may have adverse effects, said World Gold Council.
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Stock market volatility boosts investments in gold ETFs in India: WGC
Updated : 1 year, 2 months ago IST
The stock market volatilities have boost the investments in the gold Exchange Traded Funds (ETFs) in India, as the country witnessed its eighth consecutive month of inflows into ETFs in December 2024, the world Gold Council (WGC) stated in its commentary.
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India becomes second largest buyer of gold after Poland in 2024: World Gol
Updated : 1 year, 2 months ago IST
India's year-to-date purchased 73 tonnes of gold with a total gold reserves of 876 tonnes as on November end, making it the second-largest buyer of 2024 after Poland.
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Gold may experience steady, albeit modest growth in 2025: WGC
Updated : 1 year, 3 months ago IST
Market projections suggest gold may experience steady, albeit modest, growth in 2025. Key economic variables like global GDP, bond yields, and inflation indicate a stable environment, though risks remain.
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Global physically backed gold ETFs reported a net loss for the first time
Updated : 1 year, 3 months ago IST
This was the largest single-month outflow since April, leading to a 4 per cent drop in total assets under management (AUM) to USD 274 billion.
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Gold prices may dip further with surge in dollar and bond yields: Report
Updated : 1 year, 4 months ago IST
A mix of stronger bond yields, a rising US dollar, and growing investor confidence in stocks and cryptocurrencies have cooled off gold's momentum.
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Gold becoming attractive investment with strong inflows in Asia- both in C
Updated : 1 year, 4 months ago IST
Asian markets are leading the surge, bringing total assets under management (AUM) up by an impressive 33 per cent, as inflows this year have hit a substantial USD 4.7 billion.
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Geopolitical tensions, de-dollarisation and tech advancements boost gold d
Updated : 1 year, 4 months ago IST
Factors like de-dollarisation and geopolitical conflicts, including the ongoing Russia-Ukraine war and escalating Middle Eastern tensions, continue to drive demand for gold as a stabilising asset, said Sachin Jain, Regional CEO India of the World Gold Council on Wednesday.
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