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News
Gold demand in India
Gold demand in India News
Gold
09 Nov 2017
Gold demand in India seen falling to lowest in 8 years in 2017
Indian demand is likely to be around 650 tonnes in 2017, compared to a 10-year average of 845 tonnes.
Gold
09 Nov 2017
India's Q3 gold demand drops 24% to 145.9 tonnes: WGC
In value terms, the gold demand declined by 30 percent at Rs 38,540 crore, compared to Rs 55,390 crore in the same period of 2016.
Gold
08 Nov 2017
India's gold imports may fall 25% in December quarter
In the first nine months of 2017, the country`s gold imports surged 131 percent to 638.4 tonnes, according to GFMS data, as jewellers advanced buying in the first half of the year ahead of a sales tax hike that took effect from July 1.
Gold demand in India
14 Jul 2017
Indian gold prices at discount on weak demand
India`s gold imports in June more than tripled from a year earlier to 75 tonnes, but it could fall below 35 tonnes in July, consultancy GFMS said.
Asia gold demand
26 May 2017
India gold demand drops off as buyers await new tax regime
Gold demand in Asia tapered off this week as buyers took to the sidelines in India to await a new national tax policy and as China entered a seasonal slowdown.
Gold
02 Jun 2016
Gold price loses sheen, fails to hold above Rs 29,000-mark
Halting its two-day rising trend, gold prices declined by Rs 135 to trade below Rs 29,000 at Rs 28,865 per 10 gram at the bullion market Thursday owing to slackened demand by jewellers and retailers at prevailing level even as the precious metal firmed up overseas.
Gold demand in India
11 Feb 2016
India gold demand remains flat at 849 tonnes in 2015: WGC
India remained cautious on gold buying in 2015 as demand remained nearly flat at 848.9 tonnes compared to the previous year, according to the World Gold Council's Gold Demand Trends report.
Gold
19 Dec 2015
Gold market likely to remain bullish in 2016
Asian markets, which continued to be strong drivers of gold demand this year, are expected keep sentiment bullish in 2016 as well with the introduction of pro-gold schemes.
Gold
12 Nov 2015
India's Q3 gold demand jumps 13% to 268 tonnes: WGC
Gold demand in India during the July-September period increased by 13 percent to 268.1 tonnes mainly due to softening of the prices at the beginning of the quarter, World Gold Council has said.
Gold sales in Dhanteras
08 Nov 2015
Jewellers see flat gold sales this Dhanteras
Gold sales are likely to be flat this Dhanteras, which is considered as an auspicious day to buy precious metals, due to weak economic environment and poor monsoon, jewellers said.
Gold
05 Oct 2015
Gold weak on global cues, low demand; silver remains up
Weak global bullion market and tepid domestic demand continued pressure on gold prices. Gold closed at Rs 26,600 per 10 grams at the bullion market on Monday, but silver rallied to Rs 35,760 per kg.
Gold
13 Aug 2015
India's Q2 gold demand falls 25% to 154.5 tonnes: WGC
India's gold demand during April-June declined 25 percent to 154.5 tonnes due to unseasonal rains in the first quarter that damaged crops and the shrinking of wedding dates, according to the World Gold Council (WGC).
Gold
14 May 2015
India set to beat China in gold demand: WGC
India is likely to overtake China in terms of demand for gold this year to become the precious metal's top consumer on the back of a higher economic growth trajectory, a global industry body said on Thursday.
Gold
22 Jan 2015
India needs to bring gold reforms to raise gold recycling: WGC
India needs to take a leaf out of Turkey's book, which has undertaken gold reforms that helped bring out "stocks under the pillow", to reduce imports and curb smuggling, the World Gold Council on Thursday said.
Gold consumption
26 Sep 2014
Gold demand will increase, says World Gold Council
The World Gold Council is confident that 2014 would end on a robust note in gold demand in India, contrary to the initial drop in the first half.
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