Page 3 - World Gold Council

What is behind India's renewed love for gold?

India imported 1,050 tn gold worth ($55.7 bn) in 2021, more than double of 2020. Last year's gold import surpassed the high recorded in 2011. Find out what is behind India's renewed rush for gold?

Imports made up 86% of India's gold supply between 2016-2020: WGC

Imports made up 86 per cent of India's gold supply between 2016-2020, and inbound shipments continue to grow despite high import duty, as per a report by the World Gold Council (WGC)

Gold demand in India back to pre-Covid levels in September quarter: WGC

Typically, July - September is a seasonally weak period for gold demand due to monsoons and inauspicious periods like Pitru-Paksha when buyers usually prefer to postpone gold purchases

TMS, Ep 30: Tata group firms' m-cap, WGC India CEO Q&A, markets, and IoT

Why is TCS' share in m-cap of listed Tata firms declining so rapidly? Why does WGC's Somasundaram PR think 2022 will be a great year for gold? What is IoT and how does it work? Get all answers here

WGC Regional CEO Somasundaram PR on why 2022 will be a good year for gold

India demand for gold in Q2 FY22 jumped 47% YoY to 139.1 tonnes, compared with 94.6 tonnes in the year-ago period. How will the year 2022 prove for gold? Is it a good time to buy? Let's find out

Gold demand likely to be robust in 2022: World Gold Council

The demand for gold is likely to remain subdued this year following Covid-related disruptions that continues in India, the World Gold Council (WGC) said in a report

Gold ETFs witness net outflow of 22.4 tonnes in August: World Gold Council

Gold-backed exchange traded funds (ETF) experienced net outflows in August of 22.4 tonnes, as North American outflows outweighed inflows into European and Asian funds, the World Gold Council said

Attractive stock markets may keep investors away from gold: Analysts

Demand for gold in India jumped 19.2 per cent in the April - June 2021 quarter to 76.1 tonnes, suggests the latest report from World Gold Council (WGC)

Festivals, weddings to bolster India's gold demand in 2nd half of 2021: WGC

Higher demand from the world's second-biggest gold consumer could support global prices that have corrected nearly 4% so far in 2021

'Distress sale': Indians offload gold heirlooms as Covid deepens pain

With fewer banks around, people in rural areas rely on gold in times of need as it can be easily liquidated

World Gold Council, GJEPC ink pact to promote gold jewellery in India

The World Gold Council and Gems and Jewellery Export Promotion Council (GJEPC) have signed an agreement to promote gold jewellery in India this year, according to a statement

India's gold demand up 37% YoY in March qtr; global demand dips 23%: WGC

The next phase of gold demand - in the second half of 2021 - will not be driven by fear, but by economic growth, WGC said

India's gold demand hits 25-yr low in 2020 amid lockdowns, high prices: WGC

Easing of lockdown restrictions, festive period and the ensuing wedding season, however, revived demand hope and drew in jewellery demand worth 137.3 tonnes in the December 2020 quarter

Coronavirus pandemic to boost gold loans to $55.2 billion in 2020-21: WGC

Gold loan industry traditionally been a pillar of support for small businesses and households in need of emergency short-term assistance

Covid woes: Global gold demand dips 19% in Sep qtr to 892 tonnes, says WGC

Global gold demand declined by 19% during the July-September quarter to 892.3 tonnes, the lowest quarterly total since Q3 of 2009, due to coronavirus-induced disruption

India's gold demand could recover during Q4 on festival shopping: WGC

Demand for the precious metal usually spikes towards the end of the year in India, as buying gold for weddings and major festivals such as Diwali and Dussehra is considered auspicious

Gold ETFs clock 8th consecutive month of positive flows, says WGC

Gold ETFs and similar products recorded their eighth consecutive month of positive flows, adding 166 tonnes in July -- equivalent to $9.7 bn or 4% of AUMs, the World Gold Council said

Gold jewellery demand in India slumps 74% in June quarter on Covid-19

The strict lockdown imposed in late March eclipsed the gold buying festival of Akshaya Tritiya

Gold price dips to Rs 49,267 per 10 gram; silver at Rs 52,085 per kg

Price of 22-carat gold in New Delhi at Rs 47,950 per 10 gram

Covid-19 impact: Jewellery retailers take up digital channel to boost sales

WGC said the Covid-19 disruption has caused jewellery retailers India to re-evaluate their existing business model