World Gold Council

The findings of the WGC survey suggested that there a majority of respondents (73%) see 'moderate or significantly lower' US dollar holdings in the global reserves over the next five years.

Chart of the day| Will investor confidence in Gold ETFs hold under the new US regime?

The World Gold Council says physically backed Gold ETFs have seen a continuous inflow for six consecutive months, with an additional $4.3 billion added in October alone

India's gold imports more than triple in August after duty cut ahead of wedding season

The positive trend is likely to continue as a bountiful monsoon this year has brightened crop prospects, potentially boosting disposable incomes of farmers — a major consuming group.

Younger population, digital products, urbanisation to drive India's gold demand: World Gold Council

While financial inclusion has yielded positive results for the country’s prosperity, the WGC said it has created challenges for the gold market.

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.

What to do with gold: Vijay Kumar Gaba on investment in yellow metal

"I believe that it is highly unlikely that gold will stage a comeback as a widely accepted medium of exchange (gold standard); and it will be gradually phased out as a store of value as better digital options emerge"

China's gold demand slated to support high prices ahead of Chinese New Year

A report by the World Gold Council about China’s gold jewellery market predicted a robust growth in Q1 2023 for China’s gold jewellery consumption.

Gold jewelry demand may drop through 2022: World Gold Council

A combination of China’s strict Covid Zero policy and struggling real-estate sector likely will cause a slow recovery in demand there, the WGC wrote in its quarterly report. India, another top consumer, also may see lower buying due to the falling rupee and a higher import duty.

India ranks 4th in global gold recycling; recycled 75 tonnes in 2021: WGC

According to the WGC report titled 'Gold refining and recycling' from 300 tonnes in 2013, India’s gold refining capacity increased by 1,500 tonnes (500 per cent) in 2021.

India gold demand surges in 2021, jewellery purchases almost double: World Gold Council

The spurt in demand in Q4 is less likely to be repeated in 2022, though the revival will continue to set a new normal above pre-pandemic levels, the WCG said

Global gold demand rises 10% to 4,021 tonnes in 2021: WGC

The overall gold demand during 2020, which was impacted following Covid-19 related disruptions, stood at 3,658.8 tonnes, the WGC said in its 'Gold Demand Trends 2021' Report.

Imports made up 86% of India’s gold supply from 2016-2020, says WGC

According to a World Gold Council report, bullion banking is one of the key pillars to address multiple challenges faced by India’s gold market, such as a lack of quality assurance, the unorganised state of the market and a lack of trust in international markets 

World Gold Council, GJEPC ink pact to promote gold jewellery in India

Under the terms of the agreement, both the partners will jointly fund a multi-media marketing campaign that would aim to increase awareness, relevance and adoption of gold jewellery among Indian consumers, especially millennials and the new generation, GJEPC said in the statement on Monday.

Gold enters bear market territory, experts see prices falling to Rs 41,500 - Rs 42,000 levels

Like most asset classes, gold is being affected by the unprecedented economic and financial market conditions in play around the globe, says WGC's Somasundaram.

Market experts and jewellery industry welcome duty cut in gold; price falls nearly 2%

India is the world’s second-largest gold consumer after China. India is slashing the rate for the first time in eight years to curb smuggling of the yellow metal into the country.

Economic recovery likely to boost gold demand in India this year: WGC

World Gold Council Managing Director (India) Somasundaram P R said, "The year 2020 turned out to be unprecedented in the scale and degree of uncertainty. Gold naturally was one of the best-performing assets for investors driven by high risk, low interest rates and price momentum."

Interview | To curb illegal gold trade, reduce duty to 7% in Budget 2021: Malabar Gold & Diamonds chairman

The extent of the impact of gold smuggling can be gauged from a World Gold Council estimate which says illegal gold shipment fulfils around 17 percent of the country’s annual gold demand.

COVID-19 hits India's gold-buying sentiment; Q3 demand drops by 30%: World Gold Council

The overall demand stood at 123.9 tonnes during the third quarter of 2019, according to WGC's Q3 Gold Demand Trends report.

World Gold Council unveils best practices to set bar for retail product providers

Experts from over fifteen countries spanning all sectors of the retail gold investment market provided valuable feedback on both the structure and terminology of the investment principles.

COVID-19 impact: Jewellery retailers take up digital channel to boost sales

The World Gold Council in a report titled 'Online gold market in India' said the COVID-19 disruption has caused jewellery retailers India to re-evaluate their existing business model and noted that online retail adoption accelerated during COVID-19 across categories.

37% Indian women have never bought gold, but look to do so in future: WGC

"About 37 percent of Indian women are potential buyers, representing a sizable new target audience for the gold jewellery industry. Of this 44 percent respondents are from rural areas while 30 per cent are from urban areas presenting a significant potential audience for retail jewellers to capture," the WGC's 'Retail Gold Insights: India Jewellery' report said.

India's January-March gold demand falls 36% due to volatile prices, economic uncertainties: WGC

Jewellery demand and gold investment demand also declined in the first quarter and going ahead it could be a "challenging year" unless the industry is able to get the artisans and reorganise the supply chain in quick time.

Global gold demand sees modest growth in Q1 on lockdown-led disruptions: WGC

Interest rates in the US, geopolitical tensions and global COVID-19 pandemic spurred demand for gold, with the gold-backed electronically traded funds (ETFs) attracting huge inflows of 298 tonnes, largely in the US, to push the global holdings in these products to a record high of 3,185 tonnes during the quarter under review.

Gold more liquid, no credit risk amid coronavirus pandemic: WGC

Gold is a clear complement to stocks, bonds and broad-based portfolios, as it is a hedge against systemic risk, currency depreciation and inflation, WGC said in a report ‘The relevance of gold as a strategic asset: Indian edition'.

Budget 2019: Hike in gold import duty leaves industry reeling

In 2012, January gold import duty raised by 2 percent. However, in 2013 the United Progressive Alliance second term raised three times and set import duty at 10 percent in August 2013.