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Latest Articles in world gold council
India Ranks Fourth In Global Gold Recycling; Recycled 75 Tonnes In 2021: WGC
According to the WGC report titled 'Gold refining and recycling', China topped the global gold recycling chart as it recycled 168 tonnes of the yellow metal, followed by Italy in the second position with 80 tonnes and the US at the third rank with 78 tonnes in 2021
Read MoreWatershed Moment
The jewellery industry in India has been on the cusp of a big watershed moment for some time now. It appears that the Covid-19 pandemic and its effects have put what was till now a start-stop movement on somewhat of a fast track, while the duty changes announced in Budget 2021 have added further momentum!
Read MoreEconomic Recovery Likely To Boost Gold Demand In India This Year: WGC
Somasundaram also said 2021 will continue to see an interplay of many of these factors but underpin a favourable environment in India for both gold price and demand.
Read MoreGold loans helped Indians weather COVID-19 pandemic: World Gold Council
Gold loans helped Indians weather COVID-19 pandemic: World Gold Council
Read MoreCOVID-19 impact: India's gold demand falls by 30 per cent in Q3
COVID-19 impact: India's gold demand falls by 30 per cent in Q3
Read MoreGold ETFs Clock 8th Consecutive Month Of Positive Flows: WGC
Global holdings have once again reached a new all-time high of 3,785 tonnes and the price of gold hit a record high of 1,976 dollars per ounce by the July-end, leaving global AUMs standing at 239 billion.
Read MoreTrading volumes of digital gold in India total 4 to 5 tonnes: WGC
Trading volumes of digital gold in India total 4 to 5 tonnes: WGC
Read MoreGold Demand Nudges Lower As Price-Driven Slump In Consumer Demand Outweighs ETF Inflows
Annual buying reached a remarkable 650.3 tonnes -- the second highest level for 50 years and only six tonnes less than in 2018.
Read MoreIndia Gold Demand To Hit Three-Year Low As Prices Surge To Record: World Gold Council
Gold demand in 2019 could drop 8 per cent from a year ago to around 700 tonnes, the lowest since 2016, said Somasundaram PR, the managing director of WGC's Indian operations.
Read MoreIndia's August Gold Imports Slump To Three-Year Low As Prices Hit Record: Govt Source
Lower imports by the world's second biggest consumer could cap gains in global prices that are trading near six-year highs, but would help the south Asian country bring down its trade deficit and support the rupee.
Read MoreGold Price Increase To Dampen Indian Festive Purchases - WGC
A fall in demand from the world's second-biggest bullion buyer could weigh on global prices that are already down 6.5 percent so far this year
Read MoreIndia's 2018 Gold Demand Forecast As High As 800 Tonnes, Below 10-year Average
Gold is a mainstay of Indian culture, serving as the primary vehicle for household savings for hundreds of millions of people in Asia's third-largest economy
Read MoreIndia's Gold Imports To Rebound In 2017 On Restocking, Good Monsoon
Higher imports by the world's second biggest consumer will support global prices, which are trading near their highest level in two months, but could widen the country's trade deficit
Read MoreIndia's Q2 Gold Demand Surges 37% To 167.4 Tonnes: WGC
The demand in the April-June last year stood at 122.1 tonnes, WGC said in its latest Gold Demand Trends report
Read MoreIndia's Gold Demand Up 15 Per Cent To 123.5 Tonne In Q1 2017, Says World Gold Council
Gold consumption in the first quarter of 2017 rose 15 per cent to 123.5 tonnes on pent-up demand from jewellers as retail consumers ramped up purchases for weddings, the WGC said in a report
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