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WGC NEWS

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.

India's Q1 gold demand bounces back; demand up 37% at 140 tonne: WGC

April 29, 2021 1:42 pm

Gold demand in value terms increased by 57 per cent during the first quarter of this calendar year to Rs 58,800 crore compared to Rs 37,580 crore in the corresponding period of 2020.

Economic recovery likely to boost gold demand in India this year: WGC

January 14, 2021 4:41 pm

The report, titled 'Gold Outlook 2021- Economic recovery and low interest rates set the tone', also said although global economic growth is likely to remain anaemic relative to its full potential for some time, gold's more stable price performance since mid-August may foster buying opportunities for consumers.

India's gold demand in April-June sinks 70% on COVID-19 disruptions: WGC

July 30, 2020 1:05 pm

Overall gold demand in the country was 213.2 tonnes during the second quarter of 2019, WGC said in its 'Q2 Gold Demand Trends' report.

Gold demand plunges 36% in March quarter

May 01, 2020 12:25 am

According to the World Gold Council's (WGC) Q1 Gold Demand Trends report, in terms of value, India's the first quarter gold demand fell 20 per cent to Rs 37,580 crore, compared to Rs 47,000 crore in the same period of 2019.

Put idle gold stock to use, cut down imports: WGC

October 05, 2014 1:09 am

India should target 75 per cent of gold sold to be standardised and hallmarked in the next five years.

Gold demand in India rises by 27% in Jan-Mar: WGC

May 16, 2013 11:52 am

Gold demand in India,the world's largest consumer,rose by 27 per cent to 256.5 tonnes.

Speculators in futures markets caused gold price crash: WGC

April 19, 2013 1:53 pm

World Gold Council also mentioned that lower prices boosted demand for gold from India and China.

Gold demand falls 29% in March quarter on new taxes,Re woes

May 18, 2012 12:41 am

As we previously forecast it is likely that China will become the largest source of demand for gold in 2012.

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