Page 7 - Gold Demand

First time since Budget, gold trading at 0.5% premium over landed cost

Gold has been selling at a premium for the first time since the Union Budget for 2019-20, presented on July 5, when import duty on gold was raised to 12.5 per cent

Gold rush ahead? Price may surge to Rs 42,000 by Dec-end, say analysts

The yellow metal is likely to continue to remain bullish till the end of the year mostly due to sustained Central bank buying, geo-political uncertainties

India's gold demand fell 32% in Sep quarter on weak sentiment, high prices

WGC cuts full-year forecast for 2019 to 700 tonnes from 750-800 tonnes estimated projected earlier

Gold demand dips 32% to 123.9 tonnes in Q3 on price rise, slowdown: Report

In domestic market, gold prices had peaked to Rs 39,011 per 10 grams in September and are now ruling at Rs 38,800 per 10 gram.

Central banks just love gold and it's going to stay that way amid slowdown

Central banks added 374.1 tonnes in the first six months, helping push total bullion demand to a three-year high, according to the World Gold Council

Gold demand rose 14% in Apr-Jun, outlook for next to quarters weak: GFMS

Price might fall sharply if the US Fed does not reduce rate and policy remains unchanged for too long

Gold demand could fall to three-year low as prices hit record high

Local gold prices hit a record Rs 35,960 per 10 grams on Tuesday, having jumped more than 10% over the past month

Central banks bought more gold in 2018 than any year since 1967: WGC

Gold is traditionally seen as a safe investment in times of political or economic turbulence

Big election spends can push India's gold demand above 10-year average: WGC

Before the election, Prime Minister Narendra Modi's government could announce measures to help the nation's farmers, the biggest buyers of gold

India's gold demand to remain muted in October-December quarter

While gold price remained low in the international markets, depreciation in the Indian rupee kept its price up in local markets

'Recession fear' has made a comeback and gold is benefiting, says Goldman

Bullion is heading for the first monthly gain in seven after equities slumped and trade-war concerns festered, hurting the outlook for growth

Higher MSPs may push gold demand up by 25% in second half of 2018

Analysts expect 25 per cent rise in gold demand in the second half of this year as compared to the year-ago period

Gold demand in India down around 7% in Q1 to 187 tonnes, says WGC

Gold demand in India declined by 8 per cent during the second quarter of the current calendar year due to a slowdown in consumer off-take following a extra-month- "adhik mass", considered to be inauspicious period, coupled with a range bound price in local currency due to rupee depreciation.The apex global gold miners' body the World Gold Council (WGC) estimated overall gold demand in India at 187.2 tonnes for the April - June quarter 2018 compared to 202.6 tonnes in the corresponding quarter last year. While gold demand from jewellery sector slumped by 8 per cent to 147.9 tonnes for Q2, '18 from 161 tonnes in the comparable period last year, its investment demand fell by 5 per cent to 39.3 tonnes from 41.6 tonnes in the period under review.For the first half between January - June 2018 period, however, India's gold demand reported a decline of 6 per cent to 338.7 tonnes for the current year from 363.3 tonnes in the corresponding period last year."India's gold demand in the second ...

Gold demand to be positive in second half of 2018, says WGC report

While gold's volatility spiked in February and April, it has been moving in a relatively low range since

India's gold demand rises 9% in 2017 on jewellery purchases, says WGC

Robust December quarter boosts growth; policy on metal likely by July

Gold extend losses, down Rs 120 on lacklustre demand, silver up Rs 50

Gold had dropped by Rs 150 per 10 grams yesterday

Gold tumbles Rs 200 on muted demand, global cues; silver dips by Rs 500

Globally, gold fell 0.76 per cent to $1,265.90 an ounce and silver by 1.41 per cent to $16.06 an ounce in New York in yesterday's trade

Gold plunges Rs 300 on weak global cues, slack demand

Silver also fell by Rs 150 to Rs 39,000 per kg on reduced offtake by industrial units and coin makers

Gold plunges Rs 225 on muted demand from jewellers, silver dips by Rs 450

Globally, gold rose 0.06% to $1,275.40 an ounce

Gold drops below Rs 30,000, silver plunges Rs 800 on subdued demand

Better US manufacturing data increased the probability of returns from dollar and treasuries