Latest News on World Gold Council
Showing of 0 - 10 from 63 results
World Gold Council - Total results - 63
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 06, 2018
Gold glitters on Dhanteras despite rise in prices on fears of further hike; sales up 15% after a sluggish startDhanteras is considered to be an auspicious day for buying gold, silver and other valuables and is largely celebrated in northern and western parts of India.
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 13, 2018
July gold imports hit seven-month high; could widen trade deficit, put further pressure on rupeeFor the first seven months of 2018, India’s gold imports fell 28 percent from a year ago to 406.2 tonnes, data compiled by GFMS showed.
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.
Jul 21, 2018
Gold prices dip but fails to stoke demand as buyers await bigger fall ahead of festival seasonIn the Indian market, gold futures were trading at around 29,800 rupees per 10 grams on Friday, having fallen to the lowest since 19 January, at 29,638 rupees, earlier this week.
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
Mar 22, 2018
Digital gold sellers hope trickle will become a rush with smartphones, e-wallets and flexible investment schemesA digital revolution is reshaping India’ gold market, with smartphones, e-wallets and flexible investment schemes drawing new buyers into the business
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.
Jan 09, 2018
Gold loan market to grow to over Rs 3 lakh cr, average annual demand will touch 950 tonne by 2020: KPMGKPMG report says gold loan companies are expected to continue delinking gold price volatility risk by offering more variants of lower tenure loan products