Somasundaram Pr

Gold demand went up by 9% to 727 tonne in 2017; import of yellow metal up 59%, says WGC

The 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.

Gold clarification: Here are seven ways to prove your jewellery is inherited

Gold is considered and has proven to be a first asset class of the poorest too in the country and as a commodity that is widely distributed.

Gold dazzles on Dhanteras as sales go up by 25%; demand for coins surge

Retail trade is gung-ho about their prospects after seeing a rush in footfall since the morning of Dhanteras. They are expecting sales to continue through to Sunday when office-goers get their holidays for the season and step out with families to buy gold.

You can't wish away demand for gold by crushing supply: WGC

Despite all the government efforts to curb demand for gold, the yellow metal will not lose its sheen in India, Somasundaram PR, Managing Director, India, World Gold Council, told Firstpost.

Gold demand set to rise, Modi seen easing import curbs

India's gold demand is likely to pick up in the second half of the year as curbs on bullion imports are expected to be eased by the country's new government, the World Gold Council (WGC) and other industry officials said on Tuesday.