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WGC GOLD REPORT
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...
- 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...
- 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 ...
- 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 rises 10% to 4,021 tonnes in 2021: WGCThe last quarter of 2021 witnessed 31 per cent growth in gold bar and coin demand to an 8-year high of 1,180 tonnes as retail investors sou...
- 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...
- Gold demand to stay subdued, rebound likely only next year: World Gold CouncilIn the long-term too, gold faces challenges as households are saving proportionately less than they used to, which may reduce the amount of...
- Consumer investment in gold increased in June quarter: WGC reportCentral banks are likely to continue buying gold on a net basis in 2021 at the same rate or above that of 2020, and the supply of gold in 2...
- 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
- Demographics to boost gold jewellery demand: WGCJewellery demand will persist in developed markets, however, the excitement will be in the emerging markets as their economies grow, accord...
- Cryptocurrencies are no substitute for gold: WGCGold's role as a mainstream financial asset will likely continue to resonate in today's digital world, it said.
- India's gold jewellery demand reaches record 662 tonnes in 2014In 2015 also, gold jewellery demand is expected to remain strong if the government does not impose further market distorting policies.
- 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...
- China may overtake India as top gold buyer in 2012: WGCChina may overtake India as the world's biggest gold buyer this year as demand for the precious metal is expected to rise.
- Gold demand may slip on less number of auspicious days in 2012Gold demand in India is likely to soften this year due to a lower number of auspicious days in the 2012 Hindu calendar, according to WGC.
- India's jewellery demand rises by 36 pc in Q3Despite high prices, jewellery demand in India, the world's biggest gold consumer, grew by 36 per cent in the third quarter ending Septembe...
- Best time to strike gold, says WGCThe global uncertainty in the economic and geopolitical arenas should continue to foster strong investment in gold throughout ’06, but a mo...
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