Latest News on Gold Demand: Get Gold Demand News Updates along with Photos, Videos and Latest News Headlines

Dhanteras 2023: On this auspicious day, the acquisition of metal or clay idols of Lakshmi and Ganesh is considered propitious.

Gold demand loses lustre in peak festive season as prices rally

October 31, 2023 12:13 pm

Gold prices near record highs could dampen demand in India during the peak festival season and lead to the lowest purchase volumes in three years, the World Gold Council (WGC) said on Tuesday.

India sees 7% drop in gold demand in April-June qtr due to record high prices: WGC

August 01, 2023 12:11 pm

Gold imports saw a 16 per cent jump to 209 tonnes during Q2 of 2023, from the year-ago period on account of stocking, WGC said in its latest report released on Tuesday.

gold demand, Gold prices, India gold price, Gold prices in India, Business news, Indian express, Current Affairs

India’s gold demand down in Jan-Mar on high, volatile prices

May 06, 2023 4:47 am

The demand for the yellow metal is likely to be muted in 2023, the World Gold Council said in its Gold Demand Trends Report for the first quarter of calendar year 2023. The gold demand value in Q1 2023 was Rs 56,220 crore, down 9 per cent from Rs 61,540 crore in Q1 2022.

Global gold demand in March quarter dips by 13% to 1,080.8 tonnes: WGC

May 05, 2023 1:15 pm

The total gold demand stood at 1,238.5 tonnes during the first quarter of 2022, WGC's Gold Demand Trends Q1 2023 stated.

Record central bank buying lifts global gold demand, WGC says

November 01, 2022 1:11 pm

Demand for gold was also strong from jewellers and buyers of gold bars and coins, the WGC said in its latest quarterly report, but exchange traded funds (ETFs) storing bullion for investors shrank.

Inflation, price rise could dent India's gold demand in July-December: WGC

July 28, 2022 12:29 pm

Lower purchases by the world's second-biggest gold consumer could weigh on prices, which are trading near their lowest level in more than a year.

Higher customs duty to hit gold jewellery demand this fiscal: Report

July 20, 2022 5:17 pm

Rating agency Crisil on Wednesday said the hike in customs duty on gold by 5 per cent to 12.5 per cent on June 30 is likely to result in flat revenue growth for gold jewellery retailers in the current financial year compared to the exceptional demand witnessed in the year-ago period.

Gold demand drops as virus shrinks big, fat Indian weddings

January 13, 2022 3:42 pm

Marriages are a key source of gold demand in India and cases are spiking just as the country resumes a busy wedding season that begins from the second half of January and runs through April or May.

Golden days ahead for jewelers as India recovers from Covid-19

October 07, 2021 12:22 pm

Jewelers are being further encouraged that sales volumes will rise due to a 17% decline in gold prices in the local markets since their record high last August, as the precious metal’s safe-haven value wanes amid a global economic recovery from the pandemic.

India's gold demand up 19% in April-June quarter at 76 tonne: World Gold Council

July 29, 2021 2:56 pm

In 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 during the corresponding period of 2020.