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Gold demand drops 70% after sharp duty hike in IndiaDemand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The go...- Import duty hike to decrease India's gold demand by 50-60 tonnes in 2026India's gold demand faces a significant drop this year. The World Gold Council predicts a contraction of 50 to 60 tonnes. This decline foll...
- 22k gold rate today: Check 24k, 22k, 18k gold prices (May 13, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan JewellersGold prices surged on Wednesday, May 13, 2026, following a government increase in customs duty from 6% to 15% to curb imports. This duty hi...
- Global gold ETF demand rebounds USD 6.6 billion in April; India extends inflow streak to 11 months: World Gold CouncilGlobal investors began rotating back into gold ETFs in April as India recorded positive flows of USD 297 million, marking its 11th consecut...
- WGC proposes physically-backed common infrastructure to scale digital goldThe World Gold Council (WGC) has proposed an initiative to build a physically-backed shared infrastructure to advance the growth of digital...
- Indian gold industry forms self-regulatory body with WGC backingThe World Gold Council (WGC) has collaborated with India's gold industry to establish the Indian Association for Gold Excellence and Standa...
- Digital gold biz: WGC asks Finmin, RBI to draft guidelinesThe World Gold Council (WGC) has requested the Union finance ministry and Reserve Bank of India to establish guidelines and regulatory fram...
- Central banks around the world have positive outlook on gold, according to World Gold Council surveyThe WGC survey received responses from a record-high 70 central banks. The survey shows that Central bank sentiment towards gold remains ve...
- India’s gold consumption in 2023 dropped by 3%: WGCDemand for gold jewellery in 2023 dropped by 6% to 562.3 tonnes compared with 2022, WGC data released on Wednesday showed. The year, howeve...
- India's gold demand to rise in 2024 despite subdued March quarter: World Gold CouncilIndia's gold demand is expected to be subdued in the first quarter of 2024 due to lower jewelry sales. However, annual demand is anticipate...
- Central banks bought the most gold since 1967 last year, WGC saysBuying dipped during the coronavirus pandemic but accelerated in the second half of 2022, with central banks purchasing 862 tonnes between ...
- Global gold demand rises 28% to 1,181.5 tonnes in September quarter: WGCAmong large buyers were the central banks of Turkey, Uzbekistan, Qatar and India, but the WGC said a substantial amount of gold was also bo...
- Gold smuggling may rise 33% in 2022: WGCHowever, despite duty hike, inflation and uncertainty, WGC has pegged this year's gold consumption at 800 tonnes, which is a shade higher t...
- World Gold Council member cos paid $8.7 bn in wages, S$7.6 bn in taxes in 2020: ReportGold mining employees are well paid, the report added. Wages among WGC member companies are on average six times higher than the national a...
- Central banks bought most gold in 2018 since 1967: WGCThe world consumed 4,345.1 tonnes of gold in 2018, up from 4,159.9 tonnes in 2017
- 33 executives of ICICI Securities quit to join WGC WealthWGC, which owns 38% in Dewan Housing Finance, entered the wealth management space in August by hiring Atul Singh, former CEO of Julius Baer...
- Gold Q1 imports down 50% due to down-stocking by traders: WGCThe net imports in 2017 stood at 888 tonnes and 558 tonne in 2016.
- India's Q1 gold demand up 15% on positive mood: WGCThe total demand stood at 167.1 tonnes during the corresponding quarter last year, according to WGC 'Gold Demand Trends First quarter 2015'...
- India's gold imports down 5.7% in Q1 2013; demand up 27%: WGCGold demand in India, the world's largest consumer, rose by 27 per cent to 256.5 tonnes in the first quarter of 2013, World Gold Council sa...
- Gold council looks to cash in on DhanterasWGC is looking at introducing the vast gold-consuming market of the South to Dhanteras, a tradition more popular in the north and western s...
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