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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...- 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...
- Gold prices record worst monthly drop since 2013 with 12% fall in March: World Gold CouncilGold experienced a significant 12 percent drop in March, its worst performance since June 2013. This decline was largely driven by momentum...
- Gold hoarding by central banks picks pace in February, but Russia remains big sellerGlobal central banks stepped up gold buying in February, led by strong purchases from Poland, China, and several emerging markets, even as ...
- Gold investment hits three-year high in first quarter on trade turmoil, WGC saysGlobal gold demand saw a slight increase of 1% in the first quarter of 2025, driven by a significant 170% surge in investment. Spot gold pr...
- India's gold demand to hit four-year low amid price rally, World Gold Council saysIn 2024, India's gold demand may drop to its lowest in four years, according to the World Gold Council. This is attributed to record high p...
- 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...
- 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...
- India's 2022 gold consumption drops 3% as prices rallyLower consumption in the world's second-biggest gold buyer could weigh on global prices, but help in bringing down India's trade deficit an...
- 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...
- Global gold demand sees modest growth in Q1 on lockdown-led disruptions: WGCWorld's gold demand during the first quarter of 2019 stood at 1070.8 tonne, according to WGC's Q1 Gold Demand Trends report.
- Covid-19 chips away at gold’s safe haven statusGold is a high quality and highly liquid asset, trading over $260 billion per day in March.
- Gold hit by financial market turmoil: WGCWGC believes the deceleration in economic growth will impact gold consumer demand and gold’s volatility may remain high.
- Sachin Bansal buys DHFL General InsuranceFlipkart co-founder Sachin Bansal’s bet on the insurance firm is part of his broader ambition in financial services industry.
- 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
- Gold rate today: Gold, silver down ahead of US Fed policy outcomeSPDR Gold Trust GLD, said its latest holdings stood at 742.23 tonnes.
- Wadhawans opens UK unit, buys stake in ZopaZopa has cumulatively lent GBP 2.37 billion to UK borrowers over the past 12 years.
- Wadhawans set up shop in UK, invest to gain new experienceZopa is likely among the first entrants into the British portfolio of the Wadhawans, who would benefit from the plunging valuations in Lond...
- China set to overtake India in gold imports in 2012China is likely to overtake India as the largest importer of gold this year on the back of huge demand for the yellow metal for jewellery.
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