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WGC INDIA FORECAST
RBI holds steady on gold purchases amid price forecast and geopolitical tensionsThe Reserve Bank of India has paused its gold purchases in FY26, anticipating a price decline due to easing geopolitical tensions and poten...- 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...
- Rise in rural cash circulation, good monsoon may push gold demand: WGC India ChiefEven if the monsoon is not good, gold consumption in the country will touch 700-750 tonnes this calendar, Somasundaram PR, India head of Wo...
- Third Covid wave, inflationary pressure and high prices drags gold demandTotal jewellery demand in India for Q1 2022 decreased by 26% at 94.2 tonnes as compared to 126.5 tonnes of Q1 2021. Total Investment demand...
- India's gold demand up 19% in April-June quarter at 76 tonne: WGCIn value terms, India's gold demand witnessed 23 per cent growth during April-June quarter at Rs 32,810 crore, compared to Rs 26,600 crore ...
- 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...
- Virus, high gold prices dent India’s Q1 jewellery demand by 41%: WGCThis Quarterly net Bullion import figure is the lowest over the past 32 quarters that WGC has provided data for .
- Higher import duty could cut Indian gold demand by approximately 2.4% this year : WGCGold price currently stands at $1418 an ounce the average price of $1268.5 last year.
- Net gold imports jump 27% in Jan-Mar quarterThe IMD has forecast a near normal monsoon.
- Weddings, lower prices could lift Indian gold demand in June quarter: WGCGold consumption in the second-quarter last year came in at 189.2 tonnes.
- India's 2019 gold demand forecast at 750-850 T: WGCIndian demand has averaged 838 tonnes over the last 10 years.
- Gold, silver trade lower in morning dealsThe yellow metal was trading 0.59 per cent, or Rs 167, down at Rs 28,305 per 10 gram around 10.45 am (IST).
- India's gold demand up 15% to 123.5 tonne in Q1 2017: World Gold CouncilThe total gold demand in the country stood at 107.3 tonne in the January-March of 2016, impacted by jewellers' strike over excise duty intr...
- Global gold demand falls to near 5-year low in Q3: WGCGlobal gold demand fell to its lowest in nearly five years in the third quarter as Chinese buying slid by a third, the World Gold Council s...
- China may overtake India in gold demand in 2012: WGCChina may overtake India as the largest consumer of gold this year as demand for the precious metal in the neighbouring country in the firs...
- India's gold demand to rise over 1,200 tonnes by 2020: WGC'Indian gold demand has grown 25% despite 400% price rise of the Rs in the last decade, making the country a key driver of global gold dema...
- 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...
- Gold surge no deterrent for Indian consumersThe price-conscious Indian consumer did not shy away from splurging on gold jewellery despite a 24% increase in the metal’s price in 2010 f...
- Gold imports top 2009 mark on jewellery buysRising equity prices have driven investors to look at safer options for parking their gains, resulting in a 28% jump in domestic gold consu...
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