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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
India's gold demand dips 5% to 149.7 tonnes in June quarter on high prices: WGC
However, in value terms, gold demand increased 17 per cent during the second quarter at Rs 93,8…
PTI
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
Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report
A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…
ANI
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
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
Gold, silver prices rebound on bullish global trend, strong domestic demand
Silver prices also surged by Rs 2,300 to Rs 85,500 per kg. In the previous close, it had ended …
PTI
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
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 …
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
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…
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
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…
Jewellers woo consumers this Dhanteras but experts advise caution
What’s more auspicious than gold, especially as we step into the festive season. Indians believe th…
India's gold demand dips 3% in 2023 on high prices: World Gold Council
India's gold demand witnessed on-year decline of 3 per cent at 747.5 tonnes in 2023, and going ahe…
PTI
Jewellery demand is now back to pre-pandemic levels: World Gold Council
Jewellery demand is now back to pre-pandemic levels: World Gold Council
Gold and silver jewellery to get a lot more expensive
Jewellery is set to get a lot more expensive, as customs duty on precious metals, articles of gold,…
Brides buy half of all gold jewellery sold in India says World Gold Council report
The World Gold Council reports that jewellery for brides is mostly made of 22-carat gold, and domin…
Gold investment demand tumbled 60% in the first half this year, but people still kept buying jewellery
Global investment demand for gold fell to 455.9 tons in the first half of the year, down 60% on a y…
Shalini Nagarajan
India's exports in January fell 6.58% to $32.91bn
Similarly, imports also declined in January by 3.63 per cent to $50.66 billion as against $52.…