Gold Demand

Gold demand in the world's second-biggest consumer of the precious metal could stand between 600 metric tons and 700 metric tons in 2025, the lowest since 2020

Jewellery firms lose sparkle as soaring gold prices hit buyer growth, alter sales mix

The companies are now betting on 18-carat and even 9-carat pieces to sustain consumer interest as price-sensitive buyers struggle to stretch their budgets for 22-carat gold and opt for studded jewellery over plain gold pieces.

Gold ETFs see strongest demand in three years during March quarter, says World Gold Council

The pursuit of the safe haven and diversification benefits in times of uncertainty lent strength to the price rally, which itself helped drive momentum in investment higher.

Gold slips below Rs 79,000 per 10 gm on reduced demand, global cues

The precious metal of 99.9 per cent purity fell by Rs 150 to Rs 78,850 per 10 grams. It had closed at Rs 79,000 per 10 grams in the previous session

Gold jewellery sales may rise 30% this festive season on attractive pricing: GJC

The demand for gold has also been supported by global market trends, particularly the increasing focus of central banks on gold reserves

India's gold demand in January-March drops by 17% to 112.5 tonnes due to high prices: WGC

Overall gold demand during the corresponding quarter in 2022, was at 135.5 tonnes, WGC's Gold Demand Trends Q1 2023 stated.

Gold likely to lose sheen on high prices this Akshaya Tritiya; jewellers expect 20% dip in demand

During Akshaya Tritiya, 40 per cent of the business is done in the south, 25 per cent in the west, 20 per cent in the east and the remaining 15 per cent in the north, All India Gem and Jewellery Domestic Council (GJC) chairman Saiyam Mehra said.

High demand in gold sector, market still at discount: PR Somasundaram

Almost 80 percent of the gold buying will happen through jewellery during Dhanteras, according to Somasundaram

India's gold demand skyrockets to 797.3 tons in 2021: WGC

WGC in its Gold Demand Trends 2021 Report said India’s total gold demand jumped to 797.3 tonnes in 2021, registering a massive 78.6 per cent jump from 446.4 tonnes during 2020.

India's gold demand bouncing back to pre-COVID levels, rises 47% in September quarter to 139 tonnes: WGC

According to the World Gold Council (WGC), gold demand in India is bouncing back to pre-COVID levels and going forward the outlook looks bullish.

Gold demand fell in the third quarter as big investors sold, says WGC

Total demand for gold over July-September was 831 tonnes, down from 894.4 tonnes in the same period of last year and 1,084.9 tonnes in the third quarter of 2019, the WGC said in its latest quarterly report.

WGC predicts strong demand for gold in India in 2022 provided there are no fresh Covid outbreaks

India’s gold imports remain strong and retail demand is expected to pick up as restrictions are gradually lifted across the country, it said.

India's Q1 gold demand bounces back; demand up 37% at 140 tonne: WGC

The overall gold demand stood at 102 tonne during the first quarter of 2020, as per WGC data.

Global gold demand declines by 23% to 815.7 tonne in January-March 2021: WGC

The overall gold demand stood at 1,059.9 tonne during the January-March quarter of 2020, according to WGC''s Gold Demand Trends Q1 2021 report.

Gold is glittering; but is it the endgame?

The demand for gold as a store of value is a deeply complex matter. In the past, gold had been a preferred asset to store value both during economic as well as political crises.

India's gold demand falls 9% on record prices in 2019: WGC

However, in 2020, gold demand in India -- the world's second biggest consumer after China -- could increase to 700-800 tonnes on hopes of increased acceptance of high price level and likely economic reforms boosting consumer confidence.

3 Point Analysis | Should you invest in gold this festive season ?

Physical gold is no longer the sole investment option for people looking to add sheen to their finances this festive season. Sakshi Batra does a 3 point analysis on which form of gold can yield better returns this Diwali.

Indian gold demand rises 10% in September quarter; festive outlook muted

Going forward, however, the seasonal spike in gold demand could be moderate this Dhanteras-Diwali, owing to factors like a lack of liquidity and rising prices.

India's Q3 gold demand drops 24% to 145.9 tonnes: WGC

The gold demand in India stood at 193 tonnes during the third quarter of 2016, according to WGC's Global gold demand in Q3 2017.

Govt's currency strike to push many to gold

"It will create havoc for a little while and the economy will also destablise. But overall, it is going to be good for the country. In fact, the jewellery industry will thrive as people will have more trust on jewellery than currency notes," Gitanjali Gems Chairman and Managing Director Mehul Choksi told PTI.

Expect US Fed won't raise rates, to support gold: BullionVault

The major indicator, inflation, has seen an upwards trend in the US. So Adrian Ash, Editor Gold News and Head of Research, BullionVault says the Federal Reserve will not be able to justify a rate hike.

Fed rate hike may not cause significant sell-off in gold: Citi

Speaking to CNBC-TV18, Director of Metal Research & Strategy David Wilson says Citi expects a rate hike by the US Fed this year which could moderate gold prices but investor buying will cushion the fall and limit downside.

Fourth tranche of Gold bond scheme to open on Monday

"Applications for the bond will be accepted from July 18, 2016 to July 22, 2016. The bonds will be issued on August 5, 2016," a Finance Ministry statement said.

Higher gold prices keep Asian buyers at bay

Gold demand in Asia remained sluggish this week as higher prices continued to deter physical traders from making fresh purchases, with discounts in India widening to a record high

Gold demand in China drops 12% to 241.3 tonnes in Q1-2016: WGC

Gold demand in China, which overtook India two years ago to become the world's biggest consumer of the yellow metal, declined by 12 percent during the first quarter of this year to 241.3 tonnes, a report said.