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WGC WEALTH
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...- 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...
- Record gold prices to dampen Indian demand in June, Sept quarters -WGCIndia’s March quarter gold demand fell 17% to its lowest level in a decade and is expected to remain low during the June and September quar...
- 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...
- IIFL Wealth to buy L&T Finance’s wealth management businessL&T Finance entered wealth management in 2012 by hiring the team of the Indian arm of Swiss private bank EFG.
- Liechtenstein’s LGT buys majority stake in WGC WealthValidus Wealth has a staff of about 150 and is present in nine cities across the country.
- Investment via P-notes rises to Rs 81,220 crore till April endParticipatory notes are issued by registered foreign portfolio investors to overseas investors.
- 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...
- Consumption-oriented stocks will be in focus: Rajesh Cheruvu, Chief Investment Officer, WGC Wealth"The consumption space continues to be the predominant driver of ongoing macro recovery, backed by strong demand and increased appetite."
- WGC sets stage for its foray into wealth managementIt plans to have 100 people on its roles by December-end.
- 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...
- Wadhawan forays into wealth management“We are continuously evaluating new opportunities in the banking and financial services sector,” said Kapil Wadhwan, chairman of WGC group.
- Asian demand likely to keep gold market bullish in 2016: WGCAsian markets are expected keep sentiment bullish in 2016 as well with the introduction of pro-gold schemes, World Gold Council said today.
- WGC ties up with IIM-A to set up Gold Policy CentreThe objective of the Centre is to develop insights into how the significant stocks of gold that India owns can be used to advance growth.
- India should aim $40 billion gold jewellery exports by 2020: World Gold CouncilWGC said that the country should meet 40 per cent of gold demand from its domestic stocks and the rest 60 per cent through imports and mini...
- Gold to be costlier after hike in import duty: WGCAccording to WGC data, India imported 860 tonnes of gold in 2012 calendar year. During January-March of 2013, the country imported 215 tonn...
- 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...
- India has above ground gold stocks worth $800 billion: WGCIndia owns over 18K tonnes of above ground gold stocks worth $800 bn and representing at least 11% of global stock, according to World Gold...
- Gold demand expected to be strong in 2010: WGCGold demand is expected to be strong during 2010.
- Indians' share in world gold sales upThe sale of small bars and coins by Indian banks at your doorstop is moving markets.
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