Gold Demand

Gold Imports Slump 73% In March To Lowest In Over 6 Years: Report

Business | Reuters | Monday April 6, 2020

In value terms, March imports dropped nearly 63 per cent to $1.22 billion, he added.

Gold Rate Jumps To Record High Amid Weakness In Rupee

Business | Reuters | Saturday February 22, 2020

Gold futures hit an all-time high of Rs 42,509 per 10 grams on Friday. Futures have risen nearly 9 per cent so far in 2020 after rising nearly a quarter in 2019.

India's Gold Demand Down 9% In 2019, Mandatory Hallmarking A Positive Step: World Gold Council

Business | Indo-Asian News Service | Thursday January 30, 2020

"Looking ahead, 2020, we expect policy-led and industry-led initiatives to bring a marked shift in making the industry more transparent and organised," said Somasundaram PR, Managing Director, India, World Gold Council.

Annual Gold Import Hits Three-Year Low As Record High Prices Dent Demand: Report

Business | Reuters | Friday January 3, 2020

Lower buying by the world's second biggest consumer of the precious metal could weigh on global prices that jumped 18 per cent in 2019, but help the government bring down the trade deficit and support the rupee.

Gold Sold At Discount As Wedding Demand Disappoints

Business | Reuters | Friday December 13, 2019

"Demand is modest from jewellers, but there is ample supply from refiners that are aggressively selling in the market," said Harshad Ajmera, a gold wholesaler in Kolkata. India's gold imports in November jumped 78% from a month earlier to the highest level in five months as jewellers in the world's second biggest market for the metal restocked afte...

Gold Buying Ticks Up In India On Price Drop

Business | Reuters | Friday November 29, 2019

Retail demand faltered after Diwali and could remain weak unless prices correct significantly, the bank dealer said.

Gold Price Hits Rs 38,300 Per 10 Grams Mark In Delhi, Check Latest Rates Here

Business | Edited By Anshul (With inputs from agencies) | Friday November 22, 2019

Gold Prices: In India, gold demand is expected to fall to its lowest level in three years in 2019, the World Gold Council (WGC) said.

Gold Price At Rs 38,410 Per 10 Grams In Delhi, Details Here

Business | Edited by Anshul (With inputs from Reuters) | Tuesday November 19, 2019

Gold prices were last seen at Rs 38,410 per 10 grams in the national capital on Tuesday, according to India Bullion and Jewellers' Association (IBJA). These rates are exclusive of a 3 per cent Goods and services Tax (GST) and making charges, industry body IBJA mentioned on its website. IBJA is a Mumbai-based association consisting of gold dealers, ...

Gold Demand To Hit Three-Year Low As Prices Surge To Record: World Gold Council

Business | Reuters | Tuesday November 5, 2019

Two-thirds of gold demand comes from rural areas, where jewellery is a traditional store of wealth.

Gold Demand Lights Up On Dhanteras, Diwali

Business | Reuters | Friday October 25, 2019

Dhanteras, one of the busiest gold buying days, when demand peaks as bullion is considered auspicious, saw retailers dole out a wide array of offers to attract buyers.

Dhanteras 2019: Jewellers Announce Discounts, Cashbacks On Gold Purchase

Business | Edited by Anshul | Friday October 25, 2019

Dhanteras 2019: With gold prices now down from last month's record high of about Rs40,000 per 10 gm, some experts believe that gold demand may see a slight boost this festival season.

Will Gold Demand Surge This Dhanteras? Here's What Experts Say

Business | Written By Anshul | Tuesday October 22, 2019

Dhanteras 2019: Gold prices are now down from last month's record high of about Rs 40,000 per 10 gm. While some experts believe that gold demand may see a slight boost this Diwali, others say that it's not going to be a shiny Diwali.

As Gold Prices Put Off Buyers Ahead Of Diwali, Jewellers Offer Bonanza

Business | Swansy Afonso, Bloomberg | Thursday October 10, 2019

Gold has soared in 2019, hitting a six-year high in dollar terms, as investors fret about the impact of the trade war, central banks cut rates and exchange-traded fund holdings surge.

Gold Demand In India Seen Muted Ahead Of Festivals

Business | Thomson Reuters | Friday September 20, 2019

Gold futures were trading around 37,500 rupees per 10 grams on Friday after falling to their lowest level since August 13 earlier in the session.

India's Gold Demand Ticks Up Ahead Of Festivals, Subdued Elsewhere

Business | Thomson Reuters | Friday September 6, 2019

Gold futures in India, the biggest bullion consumer after China, were trading around Rs 38,504 per 10 grams on Friday.