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Sachin Jain, CEO, WGC India Explains Why is Gold Demand Soaring? & The Decline in Jewelry Demand

Sachin Jain, CEO, WGC India Explains Why is Gold Demand Soaring? & The Decline in Jewelry Demand

Tue, Jul 30, 2024

How much has the demand for gold increased? Why the decline in demand for jewellery? Watch Neha Anand's exclusive conversation with Sachin Jain, CEO of WGC India.

Global gold demand up 4% in June quarter: World Gold Council

Global gold demand up 4% in June quarter: World Gold Council

Tue, Jul 30, 2024

Gold Demand 2024: Demand for gold increased four per cent on a year-on-year basis to 1,258.2 tonnes in the April-June period, according to the World Gold Council (WGC).

India's gold demand up 8 pc in Jan-Mar to 136.6 tonne despite high rate

India's gold demand up 8 pc in Jan-Mar to 136.6 tonne despite high rate

Tue, Apr 30, 2024

India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore during the January-March period of this year on volume growth as well as a rise in quarterly average prices by 11 per cent.

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

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

Fri, Feb 03, 2017

Gold demand in India witnessed a significant decline of 21 % in 2016 at 675.5 tonne, mainly due to challenges like jewellers strike, PAN card requirement and demonetisation move, says World Gold Council. The gold demand for 2015 stood at 857.2 tonne, the WGC data revealed.

Note ban to benefit jewellery sector in long run: Industry

Note ban to benefit jewellery sector in long run: Industry

Tue, Jan 17, 2017

The jewellery industry, which suffered and saw about 80% drop in demand following the demonetisation, is slowly recovering, although it may take over a year for things to become normal, market experts said.

India's gold demand falls over 28% in Q3 of 2016: WGC

India's gold demand falls over 28% in Q3 of 2016: WGC

Tue, Nov 08, 2016

India's gold demand has fallen over 28% in the third quarter (Q3) of 2016 on the back of strict government policies, high and volatile gold prices and fragile sentiment among the rural population, according to World Gold Council's (WGC) latest 'Gold Demand Trends' report.

Gold slips on dollar strength after two sessions of gains

Gold slips on dollar strength after two sessions of gains

Tue, Oct 11, 2016

Gold prices edged lower in Asian trade on Tuesday after two sessions of gains, dragged down as the U.S. dollar strengthened. FUNDAMENTALS * Spot gold had dropped 0.3 percent to $1,256.30 an ounce by 0053 GMT.

Gold demand likely to fall to 750 tonnes in 2016 on high price: WGC

Gold demand likely to fall to 750 tonnes in 2016 on high price: WGC

Thu, Sep 29, 2016

India's gold demand is likely to fall to around 750-800 tonnes in 2016, as against 860 tonnes last year, mainly due to sharp rise in prices and jewellers' strike following new regulations, World Gold Council (WGC) has said.

Indian gold demand to revive in H2 on surplus monsoon rains, says WGC

Indian gold demand to revive in H2 on surplus monsoon rains, says WGC

Thu, Aug 11, 2016

"We anticipate gold demand to return to normalcy during the peak season of weddings and festivals closer to Diwali, supported by good monsoons that will positively impact rural demand," Somasundaram PR, managing director of the WGC`s Indian operations, said on Thursday.

Global gold demand surges 21% on economic unrest: Report

Global gold demand surges 21% on economic unrest: Report

Thu, May 12, 2016

The first quarter of 2016 was the second-largest ever in terms of the recorded volume of gold.

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