Latest News on World Gold Council
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World Gold Council - Total results - 57
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
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
Aug 03, 2017
India's Apr-Jun quarter gold demand surges 37% to 167.4 tonnes: World Gold CouncilIn value terms also, the demand surged by 32 percent at Rs 43,600 crore against Rs 33,090 crore in the Q2 2016.
Jul 28, 2017
Falling trade deficit opens space to reduce gold import tax, could make bullion cheaperA lower import duty would also help in curbing gold smuggling, which the industry says is likely to rise after the hike in sales tax on gold jewellery from 1 July.
Jul 07, 2017
GST may take shine off gold demand in short-term as small-scale retailers struggle to adapt: WGCThe WGC continued to remain cautious for 2017, expecting consumers to buy between 650-750 tonnes gold, an increase from the 666 tonnes purchased in 2016.
Jul 06, 2017
Former RBI chief YV Reddy wants govt to take steps to curb black market deals in goldVY Reddy said that across the board, government policy is at an embryonic stage.
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.