Latest News on Wgc
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Wgc - Total results - 11
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 24, 2018
Gold tracks US dollar as interest rates take a back seat; trend expected to continue over coming months, says World Gold CouncilOne of the reasons the dollar will overtake rates to explain the direction of the gold price is that movements in the American unit already reflect inflation expectations of monetary policy in the world's largest economy, the WGC said
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 09, 2017
Global gold demand falls 9% in Jul-Sep on lower ETF flows in US, GST, anti-money laundering rule in IndiaGold bar and coin demand grew by 17 percent driven largely by China due to currency depreciation and government restrictions on alternate investment options
Jun 08, 2017
GST to have positive impact on gold industry, says World Gold Council"While gold consumers will face a slightly higher tax rate and the industry will go through a period of adjustment, we see the net impact on the gold industry as being positive," it added.
Mar 08, 2017
India gold demand may touch up to 950 tonnes level by 2020: WGCWGC said after plummeting last year, demand for the precious metal is unlikely to fall further.
Jan 24, 2017
India's gold demand hit by note ban, but long-term holds good on strong consumption hopesWGC said gold trade will become more transparent with introduction of GST, mandatory hallmarking and a massive push by organised jewellers to promote non-cash payments
Sep 29, 2016
'Gold demand likely to fall to 750 ton in 2016 on high price'In August, WGC had reported that the country's gold demand fell by 30 per cent to 247.4 tonnes during the first six months of 2016 from 351.5 tonnes in the year-ago period
Aug 23, 2016
How illicit gold smuggling is shutting India's refiners, banks out of businessSmuggled gold into India could double to as much as 300 tonnes in 2016