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2 mins read
Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high
The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…
ANI
1 min read
Dhanteras 2024: Jewellers report slower than expected sales due to rising gold prices
Jewellery sales start slower than expected on Dhanteras due to high gold prices and weekday timing,…
3 mins read
Gold continues to shine bright on Dhanteras, but should you participate in the glitter?
Legend has it that it was on this day that Lord Dhanvantari, the deity of health, appeared today, m…
2 mins read
Buying gold jewellery this Dhanteras? Here is how you can verify authenticity as per BIS
According to an official statement, BIS emphasizes the importance of choosing hallmarked jewellery,…
2 mins read
Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report
The organised jewellery sector, which accounts for just over a third of the overall market, is pois…
ANI
3 mins read
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
3 mins read
Gold demand went up by 14% in Q3: World Gold Council
According to the WGC, the gold demand in India was at 191.7 ton (value ₹85,010 crore) during Q3 …
3 mins read
Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors
After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…
PTI
4 mins read
India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate
India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…
PTI
2 mins read
Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year
Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…
ANI
2 mins read
Jewellery consumption to grow by 10-12 pc value-wise in FY24 amid rise in gold prices: Report
Jewellery consumption, in terms of value, is expected to grow by 10-12 per cent in this financial y…
PTI
2 mins read
Global gold demand plunges, India bucks trend with double digit growth
The global demand for gold fell by 6 per cent to 1,147.5 tonnes during the third quarter of 2023 am…
2 mins read
Gold prices likely to reach around Rs 70,000 per 10 grams in 2024, says industry body
Global economic uncertainties and geopolitical tensions are likely to take gold prices to a new hig…
PTI
3 mins read
Gold rush: Don’t recycle or book profits yet, another bull-run on the way say analysts
India is sitting on physical gold holdings which are estimated anywhere between 25,000 to 27000 ton…
4 mins read
Jewellery demand is now back to pre-pandemic levels: World Gold Council
Jewellery demand is now back to pre-pandemic levels: World Gold Council