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    World Gold Council (wgc)

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    • Gold's global demand exceeded $100 billion for the first time in September quarter

      Gold's global demand exceeded $100 billion for the first time in September quarter

      The soaring demand is reflecting in the gold price as well, which has hit a fresh high of over $2,775 an ounce, rising by over 33% so far this year.

    • India's duty cut to revive gold demand after weak June quarter, World Gold Council says

      India's duty cut to revive gold demand after weak June quarter, World Gold Council says

      Higher purchases in the world's second-biggest gold consumer could support global benchmark prices, which are trading near record highs.

    • Sovereign gold bonds – should you buy them this Akshaya Tritiya 2023?

      Sovereign gold bonds – should you buy them this Akshaya Tritiya 2023?

      You can invest in sovereign gold bonds during primary issuances by the RBI. The last such issue happened in March. Or, you can buy SGBs on the exchanges where they trade at a discount. But given the sharp rise in gold prices, Akshaya Tritiya 2023 is not the best time to invest in these bonds.

    • The old lessons from gold’s new existential crisis

      The old lessons from gold’s new existential crisis

      A combination of crypto and climate means the industry is left trying to justify its own existence 

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

      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.

    • PC Jeweller acquires WGC's bridal gold jewellery brand 'AZVA'

      PC Jeweller acquires WGC's bridal gold jewellery brand 'AZVA'

      Delhi-based PC Jeweller has 59 retail stores across the country. The company's standalone net profit increased to Rs 321.82 crore in the April-December period of this fiscal from Rs 258.09 crore in the year-ago period.

    • WGC ties up with IIM-A to set up Gold Policy Centre

      WGC ties up with IIM-A to set up Gold Policy Centre

      The objective of the Centre is to develop insights into how the significant stocks of gold that India owns can be used to advance growth, employment, social inclusion and the economic wealth of the nation, an official statement said.

    • Govt hikes import tariff value of gold to USD 459/10 grams

      Govt hikes import tariff value of gold to USD 459/10 grams

      Government has raised the import tariff value of gold as global prices have steadily been going up.

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