Gold Demand News

Money

More retail investors willing to buy gold: WGC report

The report is based on a global survey of around 12,000 retail investors, which included 2,285 Indians.

1 min read23 Apr 2020
Markets

Normal monsoon, festive sales to push gold demand up: WGC

The World Gold Council estimates domestic gold demand to be in the range of 750-850 tonnes in 2019The demand for gold in India was at 159 tonnes during January-March, up 5%, against 151.5 tonnes a year ago

3 min read2 May 2019
Market

India’s gold imports said to collapse in 2018 as prices bite

Overseas gold purchases fell to 762 metric tons in 2018, a 20% slump from the previous year. That would make it the second smallest amount shipped into the country this decade

1 min read8 Jan 2019
Market

India’s gold smugglers are getting really creative

High gold import tax has spurred a spate of gold smuggling, including attempts to bring in bullion via planes and trains

1 min read10 Dec 2018
Market

Gold prices rise ₹250, silver gains ₹800

Gold prices climbed by ₹250 on Saturday to close at ₹32,350 per 10 grams due to positive global cues. Silver gained ₹800 to close at ₹38,500 per kg

1 min read8 Dec 2018
Market

Wedding season demand pushes gold prices up by ₹170

In Delhi, gold of 99.9 per cent and 99.5 per cent purities rose by ₹170 each to close at 32,120 and ₹31,970 per 10 gram, respectively.

1 min read6 Dec 2018
Market

Gold prices decline on weak global cues, low demand

Gold prices fell ₹390 to ₹31,460 per 10 grams on Saturday. Silver ready ended lower by ₹890 at ₹36,560 per kg

1 min read1 Dec 2018
Market

As Fed rethinks path for rates, gold poised to rally in 2019

Gold futures settled at $1,226 an ounce on Friday, capping the first back-to-back monthly gain since January. That uptick followed two consecutive quarters of declines through to September, with prices hitting a 19-month low in August

4 min read1 Dec 2018
Market

Gold prices fall to six-week low in India, demand picks up

Gold prices have fallen to their lowest since October 1, as an appreciation in the rupee made buying overseas cheaper.

1 min read23 Nov 2018
Market

India’s festival demand for gold dims as price rally bites

Demand for gold in Dusherra 40% lower in some pockets against last year

2 min read19 Oct 2018
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