World Gold Council News
Gold prices to get support as central banks maintain historic buying in Q3: World Gold Council
According to the World Gold Council’s Q3 Gold Demand Trends report, net central bank buying reached 337 tonnes, which was the third strongest quarter in its data series. However, it failed to break the record 459 tonnes in Q3 2022.
2 min read3 Nov 2023Gold ETF outflows accelerates to fourth month in September; turbulence seen in Q4: World Gold Council
Total assets under management (AUMs) in worldwide gold ETFs declined to $198 billion last month, impacted by a nearly 4% reduction in the gold price. The collective holdings of the yellow metal by global funds dropped 2% to 3,282 tonnes at the end of September, as per WGC report.
3 min read11 Oct 2023‘India is strong pillar of support for global gold market’: World Gold Council
The gold jewellery exports in India have grown from $7.6 billion in 2015 to $12.4 billion in 2019Bridal jewellery dominates the gold jewellery landscape, enjoying 50-55% of the market share in India
1 min read5 Feb 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared