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WGC GOLD PURCHASES
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...- Gold demand weakens in March as price volatility triggers buying warinessIndian gold demand showed strength in early 2026. Retailers saw significant revenue growth, boosted by weddings and festivals. Gold ETFs ex...
- 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...
- As gold prices soar, Indians are exchanging old jewellery for newRising gold prices in India are driving consumers to exchange old jewellery for new, with exchanges comprising 40-45% of purchases. While w...
- RBI adds 8 tons gold to its reserves in November 2024: WGCIn November 2024, global central banks added 53 tonnes to their gold reserves. The Reserve Bank of India contributed 8 tonnes, summing its ...
- RBI adds 27 tn gold to country's reserve in October: WGCCentral banks significantly increased gold reserves in October, with India leading the charge by adding 27 tonnes. Turkey and Poland also c...
- 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...
- Gold custom duty cut revive demand after weak June quarter, World Gold Council saysIndia's gold demand fell 5% in Q2 2024 but is set to improve in H2 2024 due to a price correction following a significant import tax cut. L...
- Soaring prices no bar, demand for gold rises 8% in March quarterDemand for gold bars, coins, and jewellery increased in March quarter. Total gold demand rose due to rising investment interest, positive i...
- 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...
- India's gold demand set to rebound in 2021 as economy expands, says World Gold CouncilHigher purchases by the world's second-biggest bullion consumer could support gold prices, which hit a record high last year, although that...
- Central banks sell gold for first time in a decadeWhile inflows into exchange-traded funds have driven gold’s advance in 2020, buying by central banks has helped underpin bullion in recent ...
- 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
- India's Q2 gold demand falls 25%, says WGCGold demand in the second half of 2015 could rise by more than a quarter from a year before as lower prices encourage buying during the pea...
- WGC, India Post tie up to offer discount on gold coins"The WGC is offering consumers a price reduction of 7% on daily prices for the purchase of gold coins from India Post offices to celebrate ...
- Speculators in futures markets caused gold price crash, says WGCIt also mentioned that lower prices boosted demand for the precious metal from India and China to the US, Japan and Europe.
- India's gold demand to grow to 1,200 tonnes by 2020: WGCGold demand in India will continue to grow and is likely to reach 1,200 tonnes or approximately Rs 2.5 trillion by 2020 at current price le...
- Budget 2011: Govt may hike gold import dutyAt the current import duty of Rs 30,900 on one kg of gold, the government would have raked in Rs 2,836.6 crore based on WGC's import estima...
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