Gold Demand

Showing of 1 - 20 from 40 results
Gold Demand - Total results - 40
Global gold demand sees modest growth in Q1 to 1,083.8 tonnes on lockdown-led disruptions: WGC
Business

Global gold demand sees modest growth in Q1 to 1,083.8 tonnes on lockdown-led disruptions: WGC

Global gold demand during the January-March quarter grew 1 percent to 1,083.8 tonnes compared to the same period last year mainly due to heavy inflow in gold-backed ETFs as COVID-19 pandemic fuelled safe-haven investment demand for the yellow metal, a World Gold Council (WGC) report said

India's Jan-Mar gold demand falls 36% to 101.9 tonne due to volatile prices, economic uncertainties: WGC
Business

India's Jan-Mar gold demand falls 36% to 101.9 tonne due to volatile prices, economic uncertainties: WGC

Gold demand in India fell 36 percent in the January-March quarter of this year to 101.9 tonne due to volatile prices, economic uncertainties and coronavirus-induced nationwide lockdown towards the end of the quarter, according to a report

Coronavirus impact: Gold dealers in top consumer China offer steep discounts as demand slumps
Business

Coronavirus impact: Gold dealers in top consumer China offer steep discounts as demand slumps

Gold traders and dealers quoted massive discounts of about $50 to $70 over benchmark spot prices in China, the biggest on record as per data going back till 2014.

India's gold demand falls 9% in 2019 on economic slowdown, record prices; reforms may boost consumer confidence: WGC
Business

India's gold demand falls 9% in 2019 on economic slowdown, record prices; reforms may boost consumer confidence: WGC

In 2019, the WGC said India's gold demand in volume terms declined to 690.4 tonnes from 760.4 tonnes in 2018, out of which jewellery demand fell nine percent to 544.6 tonnes from 598 tonnes.

Gold prices inch down as markets eye ECB decision; traders remain anxious after virus outbreak in China
Business

Gold prices inch down as markets eye ECB decision; traders remain anxious after virus outbreak in China

Traders remained anxious about the spread of the virus as China gears up to celebrate the Lunar New Year from this weekend, a peak period for travel and gold demand in the region.

India gold demand to hit three-year low at 700 tonnes in 2019 as prices surge to record high: WGC
Business

India gold demand to hit three-year low at 700 tonnes in 2019 as prices surge to record high: WGC

India’s gold demand is expected to fall to its lowest level in three years in 2019, the World Gold Council (WGC) said on Tuesday, as domestic prices climb to a record against a backdrop of falling earnings in rural areas, a key source of custom for the precious metal

India's gold demand falls 32% to 123.9 tonnes in Q3 on high prices, economic slowdown: WGC
Business

India's gold demand falls 32% to 123.9 tonnes in Q3 on high prices, economic slowdown: WGC

India's gold demand slumped 32 percent to 123.9 tonnes in the September quarter as higher prices and economic slowdown reduced the appetite for the yellow metal, according to a report

Economic slowdown impact: Gold, silver sales down by up to 40% this Dhanteras; high prices, low consumer spend hit demand
Business

Economic slowdown impact: Gold, silver sales down by up to 40% this Dhanteras; high prices, low consumer spend hit demand

Dhanteras was a muted affair in most markets across the country with traders complaining of lesser footfall and reduced consumer spending.

Jewellers pin hope on Dhanteras, Diwali for revival in demand but expects 20-40% fall over last year's festive sales
Business

Jewellers pin hope on Dhanteras, Diwali for revival in demand but expects 20-40% fall over last year's festive sales

Jewellers are pinning hope on Diwali for a revival in demand, though they are expecting that the sales may fall by 20-40 percent over last year's festive business

Gold prices rally Rs 460 to Rs 38,860 per 10 gram on weak rupee, rise in crude prices
Business

Gold prices rally Rs 460 to Rs 38,860 per 10 gram on weak rupee, rise in crude prices

Gold on Monday climbed Rs 460 to Rs 38,860 per 10 gram in the national capital on a weak rupee and higher oil prices, which led to investors opting for safe-haven commodities, according to HDFC Securities

Gold prices slip from all-time high level, fall Rs 163 to Rs 36,807 per 10 gram on subdued demand from jewellers
Business

Gold prices slip from all-time high level, fall Rs 163 to Rs 36,807 per 10 gram on subdued demand from jewellers

After hitting an all-time high on Monday, gold prices slumped Rs 163 to Rs 36,807 per 10 gram in the national capital on Tuesday due to subdued demand from jewellers amid a weak trend overseas, according to the All India Sarafa Association

India's gold demand likely to soften in third-quarter on record high local price, rural distress: WGC
Business

India's gold demand likely to soften in third-quarter on record high local price, rural distress: WGC

Indian gold futures hit a record high of Rs 35,409 ($511.54) per 10 grams in July. Local prices have risen 10 percent so far in 2019.

India's gold demand may fall to three-year low as prices hit record high; lower domestic purchases to affect rally in global rates
Business

India's gold demand may fall to three-year low as prices hit record high; lower domestic purchases to affect rally in global rates

Local gold prices hit a record Rs 35,960 per 10 grams on Tuesday, having jumped more than 10 percent over the past month, rising in line with international prices on tensions in the Middle East.

Gold prices slide by Rs 160 to Rs 33,170 per 10 gram in Delhi on muted demand, weak global trend
Business

Gold prices slide by Rs 160 to Rs 33,170 per 10 gram in Delhi on muted demand, weak global trend

Gold prices on Friday declined by Rs 160 to Rs 33,170 per 10 gram in the national capital due to tepid demand from jewellers amid weak global trend, according to the All India Sarafa Association

Gold prices rise by Rs 377 to Rs 33,395 per 10 gram in Delhi on robust demand
Business

Gold prices rise by Rs 377 to Rs 33,395 per 10 gram in Delhi on robust demand

Gold prices on Tuesday rose by Rs 377 to Rs 33,395 per 10 gram in the national capital due to rise in domestic demand, according to the All India Sarafa Association

Akshaya Tritiya gets off to a good start after three bad years; gold coins, lightweight jewellery most sought-after items
Business

Akshaya Tritiya gets off to a good start after three bad years; gold coins, lightweight jewellery most sought-after items

The dip in the price of gold helped and customers have been thronging jeweller stores across cities in the country

Gold prices inch up as dollar eases on Sino-US trade talk hopes, palladium hits record high
Business

Gold prices inch up as dollar eases on Sino-US trade talk hopes, palladium hits record high

Spot gold prices were up 0.1 percent at $1,329.16 per ounce while US gold futures dipped 0.2 percent to $1,330.8 per ounce.

Domestic gold demand dips 1.40% to 760.4 tonne in 2018 on higher prices, govt measures; rises 4% globally: Report
Business

Domestic gold demand dips 1.40% to 760.4 tonne in 2018 on higher prices, govt measures; rises 4% globally: Report

Various central banks bought 74 percent more gold, adding 651.5 tonne more to their official gold reserves in 2018, compared with 374.8 tonne in 2017, the report said.

Gold rush: Higher prices fail to dent demand during festive period; industry body bullish about wedding season
Business

Gold rush: Higher prices fail to dent demand during festive period; industry body bullish about wedding season

Local gold prices have eased about 3 percent after touching their highest level in five years in late October.

Gold price increase to dampen Indian festive purchases, lower imports to help country reduce trade deficit: WGC
Business

Gold price increase to dampen Indian festive purchases, lower imports to help country reduce trade deficit: WGC

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