Latest News on Gold Demand
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Gold Demand - Total results - 24
Feb 25, 2019
Gold prices inch up as dollar eases on Sino-US trade talk hopes, palladium hits record highSpot 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.
Jan 31, 2019
Domestic gold demand dips 1.40% to 760.4 tonne in 2018 on higher prices, govt measures; rises 4% globally: ReportVarious 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.
Nov 10, 2018
Gold rush: Higher prices fail to dent demand during festive period; industry body bullish about wedding seasonLocal gold prices have eased about 3 percent after touching their highest level in five years in late October.
Nov 01, 2018
Gold price increase to dampen Indian festive purchases, lower imports to help country reduce trade deficit: WGCGold 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.
Aug 02, 2018
Demand for gold in rural India to revive in second half of 2018 as govt supports farmers: World Gold CouncilTwo-thirds of the country's gold demand comes from rural areas, where jewellery is a traditional store of wealth.
May 03, 2018
Gold loses shine: Demand falls by 12% to 115 tonne in Q1 due to high local price, says World Gold CouncilIn terms of value, the gold demand fell by 8 percent to Rs 31,800 crore, compared to Rs 34,440 crore in the same period of 2017
Apr 18, 2018
Gold purchases shine 15-20 percent on Akshaya Tritiya; demand seen for coins, light weight jewelleryFreebies and the absence of deterrents boost demand. Purchases were relatively lower last year, in the aftermath of the demonetisation drive, announced in late 2016.
Feb 06, 2018
Gold demand went up by 9% to 727 tonne in 2017; import of yellow metal up 59%, says WGCThe growth gold demand was mainly driven by jewellery segment in 2017, which was up by 12 percent at 562.7 tonne compared to 504.5 tonne in 2016.
Nov 04, 2017
Demand for gold: Wedding season expected to infuse renewed interest in coming weeksGold imports by (jewellery) export houses have fallen sharply in the last few weeks resulting in moderating demand despite the market at premium levels
Oct 20, 2017
Festive glitter brightens India's gold demand but high prices took some sheen offGold demand in India usually strengthens during the final quarter as the country gears up for the wedding season soon after the festivals when buying bullion is considered auspicious