Gold Demand

Global Gold Demand Rises By 8% In April-June: World Gold Council

Business | Press Trust of India | Thursday August 1, 2019

As per the report, central banks' demand grew by 67% as they bought 224.4 tonnes of gold in April-June 2019, compared to 152.8 tonnes a year ago.

Gold Prices Gain On Jewellers' Buying: 5 Things To Know

Business | NDTV Profit Team | Tuesday July 30, 2019

Gold of 99.9 per cent and 99.5 per cent purity rose Rs 160 each to Rs 35,880 per 10 grams and Rs 35,710 per 10 grams, respectively in the national capital.

Gold Prices Touch All-Time High On Pickup In Demand By Jewellers: 10 Things To Know

Business | NDTV Profit Team | Monday July 22, 2019

Gold prices touched a new high of Rs 35,970 per 10 grams in Delhi on Monday, reported news agency Press Trust of India (PTI). The gold rate went up by Rs 100 per 10 grams amid buying from jewellers. On Saturday, gold prices had declined by Rs 80 per 10 grams in the national capital. Meanwhile, silver prices advanced by Rs 260 to Rs 41,960 per kilog...

Gold Price Edges Lower To Rs 35,500 Per 10 Grams Amid Low Demand

Business | Agencies | Wednesday July 17, 2019

Gold prices in Delhi fell by Rs 70 per 10 grams to Rs 35,500 per 10 grams on Wednesday, amid low demand from jewellers and weakness in the global markets. With the mild loss on Wednesday, the price of gold in the national capital gave up some of the gains registered in the previous session. On Tuesday, the precious metal prices had risen by Rs 100 ...

Gold Demand May Fall To Three-Year Low As Prices Hit Record High

Business | Thomson Reuters | Wednesday June 26, 2019

Lower purchases by India, the world's second biggest consumer after China, could limit a rally in global prices that hit a 6-year high earlier this week.

Gold Price Moves Higher By Rs 180 Per 10 Grams

Business | Press Trust of India | Wednesday May 8, 2019

Traders said the sentiment turned bullish on the back of pick-up in buying support from local jewellers amid positive overseas trend as rising US-China trade tensions boosted gold's safe-haven appeal.

Gold Demand Sparkles Ahead Of Akshaya Tritiya: Report

Business | Thomson Reuters | Friday April 26, 2019

Jewellers were making purchases for the Akshaya Tritiya festival on May 7, the dealer added.

Gold Demand Subdued As Jewellers Defer Buying, Seen Improving In April

Business | Thomson Reuters | Friday March 22, 2019

Gold imports in February fell 10.81 per cent from the same period last year to $2.58 billion, trade ministry data showed earlier this month.

Consumers Cash In Old Jewellery As Gold Prices Rally: Report

Business | Thomson Reuters | Friday February 8, 2019

Falling demand for new gold causedimports in 2018 to drop 14 per cent from the year before to 756.8 tonnes, the World Gold Council said in an estimate released last week.

Gold Prices Set For First Annual Decline In 3 Years

Business | Thomson Reuters | Monday December 31, 2018

Gold & Silver Rate: Spot gold fell 0.2 per cent on Monday, near a six month high of $1,282.09 it hit on Friday, but silver rose 0.3 per cent to $15.39 per ounce in the session. Gold prices jumped about 5 per cent in December. Gold declined nearly 2 per cent for the year., and silver shed over 9 per cent.

You Can Buy Gold Online For 1 Rupee, But Here's A Catch

Business | Swansy Afonso, Bloomberg | Tuesday December 18, 2018

Retailers are offering online sales of gold in bite-sized portions to prop up shrinking demand in the world's second-biggest consumer. Demand for gold is falling, partly as a result of government measures, higher local prices and the metal's fading appeal among more youthful customers. "A lot of people have been buying at one rupee," according to G...

Gold Demand Picks Up As Consumers Make Wedding Season Purchases

Business | Thomson Reuters | Thursday November 22, 2018

Gold prices were trading near their lowest since October 1, as an appreciation in the rupee made buying overseas cheaper.

Iranian Trader, Called "Sultan Of Coins", Executed For Gold Trafficking

World News | Agence France-Presse | Thursday November 15, 2018

Iran executed a trader dubbed the "Sultan of Coins" and his accomplice on Wednesday for exploiting a surge in gold demand from savers spooked by this year's currency crisis.

Gold Rates At 5-Year Highs, Festive Week Fails To Spark Demand

Business | Thomson Reuters | Friday November 2, 2018

Rupee has lost more than 12 per cent of its value against the US dollar so far in 2018, making purchases of commodities denominated in the greenback more expensive

Gold Prices Rise For Third Straight Day On Festive Demand: 5 Points

Business | NDTV Profit Team | Thursday November 1, 2018

In the national capital, gold of 99.9 per cent and 99.5 per cent purity advanced by Rs 130 each to Rs 32,780 and Rs 32,630 per 10 grams, respectively.