Latest News on Gold Demand
Showing of 0 - 10 from 37 results
Gold Demand - Total results - 37
Jan 30, 2020
India's gold demand falls 9% in 2019 on economic slowdown, record prices; reforms may boost consumer confidence: WGCIn 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.
Jan 23, 2020
Gold prices inch down as markets eye ECB decision; traders remain anxious after virus outbreak in ChinaTraders 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.
Nov 06, 2019
India gold demand to hit three-year low at 700 tonnes in 2019 as prices surge to record high: WGCIndia’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
Nov 05, 2019
India's gold demand falls 32% to 123.9 tonnes in Q3 on high prices, economic slowdown: WGCIndia'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
Oct 26, 2019
Economic slowdown impact: Gold, silver sales down by up to 40% this Dhanteras; high prices, low consumer spend hit demandDhanteras was a muted affair in most markets across the country with traders complaining of lesser footfall and reduced consumer spending.
Oct 24, 2019
Jewellers pin hope on Dhanteras, Diwali for revival in demand but expects 20-40% fall over last year's festive salesJewellers 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
Sep 16, 2019
Gold prices rally Rs 460 to Rs 38,860 per 10 gram on weak rupee, rise in crude pricesGold 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
Aug 06, 2019
Gold prices slip from all-time high level, fall Rs 163 to Rs 36,807 per 10 gram on subdued demand from jewellersAfter 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
Aug 01, 2019
India's gold demand likely to soften in third-quarter on record high local price, rural distress: WGCIndian 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.
Jun 26, 2019
India's gold demand may fall to three-year low as prices hit record high; lower domestic purchases to affect rally in global ratesLocal 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.