Higher purchases by the world's second-biggest bullion consumer could support gold prices, which hit a record high last year, although that...

Some of the weddings and festive buying that had been postponed because of the pandemic will come back in 2021, and this pent-up demand wil...

Prices of the yellow metal have crossed Rs 52,000 per 10 gm mark, up more than 30% since January, but income growth or expectations have no...

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

Indian demand has averaged 838 tonnes over the last 10 years.

Government is considering ways to cut "non-necessary" imports to stem an outflow of dollars.

The gold demand in the country had stood at 674 tonnes in 2016.

“The monsoon has been good. We are looking at a healthy growth, which will be double digits, with rural India being the key driver,” said S...

According to WGC the strike by the jewellers and the ongoing drought in several states may not affect the overall demand for gold in India.

"If the scheme is not linked to CRR, then the banks should be incentivised," said Somasundaram PR, managing director, World Gold Council In...

Somasundaram said January and February witnessed lower than usual imports as stakeholders anticipated a cut in import duty of gold in the B...

The idea behind the scheme is similar to one that was launched by Turkey through which it channelized about 250 tonnes of gold, worth about...

This is the right time to bring in gold reforms in the country instead of putting on more curbs to curtail demand, WGC said.

The government should also look at establishing a Gold Board for managing import-export, develop accredited refineries, drive gold monitisa...

The demand for gold in the current year has been pegged at 850 -950 tonnes, and the offtake of more than 500 tonnes is expected between Jul...

It suggested that the govt should treat gold as strategic assets, while advocating monetisation of country's huge gold stock.

Lakshmi Vilas Bank (LVB) will dilute a 40% equity to raise funds from a share sale to boost its capital and raise lending.