Somasundaram Pr

In the latest edition of MC Pro Masters Virtual, we are joined by Somasundaram PR, Regional CEO, India, World Gold Council.

Gold needs to be embraced as portfolio diversifier: Experts

MCX Head (Bullion) Shivanshu Mehta said that in the current time, negative interest rate environment, geopolitical risks and currency fluctuations will drive demand for gold in the coming times.

Gold loses sheen in 2016, demand falls 21% in India: WGC

"The industry faced a number of challenges in transitioning to the emerging, structurally transparent system-be it the PAN card requirement, the excise on jewellery, demonetisation or the publicity around income disclosure schemes," said Somasundaram PR, Managing Director, India, World Gold Council.

India's gold demand fell sharply by 21% to 676 ton in 2016

Jewellery demand in the country also witnessed a sharp decline of 22.4 percent in 2016, at 514 tonne compared to 662.3 tonnes in 2015.

Budget 2017: Here's a wishlist of jewellery industry

Watch the interview of Somasundaram PR, MD-India of World Gold Council with Manisha Gupta on CNBC-TV18. He spoke about what exactly the jewellery industry is expecting from the Finance Minister in this Budget.

Demonetisation drive to favour big gold jewellery store chains

Somasundaram PR, managing director of the WGC's Indian operations, said on Tuesday Prime Minister Narendra Modi's move to scrap 500 and 1,000 rupee banknotes - a 'demonetisation' crackdown on corruption and tax evasion - will boost larger jewellery retailers' market share from 30 percent in 2015.

Here are some commodity trading ideas from experts

Experts give their reading and outlook on commodity markets and specific commodities.

India gold demand remains flat at 849 tonnes in 2015: WGC

Demand for gold has once again proven resilient in the face of a range of challenges, underlining the role of gold as an essential component of households' savings and reinforcing the need to bring gold into the financial infrastructure," WGC Managing Director India, Somasundaram PR told PTI here.

India's Q3 gold demand jumps 13% to 268 tonnes: WGC

The demand during the corresponding period last year stood at 238.2 tonnes. In terms of value, the demand was up 5.8 percent to Rs 62,939 crore compared with Rs 59,480 crore in Q3 last year, Gold Demand Trends report of WGC said.