Jewellery demand and gold investment demand also declined in the first quarter and going ahead it could be a "challenging year"
30 Apr 2020 2:19 PM
In 2019, the gold demand stood at 690.4 tonnes compared to 760.4 tonnes in 2018- a drop of 9 per cent, as per the World Gold Council data.
31 Jan 2020 1:37 AM
The country imported 71 tonnes of gold in November, compared with 40 tonnes in October, reports quoting government officials said.
04 Dec 2019 2:22 AM
At the end of June quarter, WGC had projected the annual demand to be in the range of 750 to 850 tonnes.
06 Nov 2019 1:28 AM
Price momentum and positioning may fuel rallies and create pullbacks, as investors continuously reassess their expectations based on new information.
12 Jul 2019 1:54 AM
The RBI started purchasing gold in small quantities from December 2017 after a gap of eight years.
09 Jul 2019 3:36 AM
On the contrary, customers are coming out to sell their gold, as prices crossed Rs 34,000 per 10 gm in the domestic spot market.
22 Jun 2019 6:35 AM
Demand for gold in India for Q1 2019 was at 159 tonnes up by 5 per cent as compared to 151.5 tonnes in Q1 2018.
03 May 2019 1:47 AM
After buying 200 tonnes of gold from IMF in 2009, RBI had shelved its gold accumulating initiatives for some time.
09 Apr 2019 1:37 AM
There is a very high probability of gold prices moving up. Domestic price correction has been overdone due to the rupee strength.
20 Mar 2019 2:10 AM
Though acceptances of crypto-currencies have been seen spreading fast, they may not replace cash.
14 Feb 2019 1:55 AM
Total gold recycled in the country declined by 13.85 per cent to 23 tonne, compared to 26.7 tonne.
01 Nov 2018 12:21 PM
In India, WGC said the gold premiums have turned positive again, suggesting a tilt towards buying.
27 Aug 2018 12:22 AM
Total jewellery demand also dropped by 8 per cent during the quarter 147.9 tonnes compared to 161 tonnes in the same period last year.
03 Aug 2018 1:51 AM
Gold demand is set to improve in the second half of 2018, after falling 6 per cent in the first half.
02 Aug 2018 10:37 AM
Mobile payment apps like Paytm and PhonePe have joined hands with gold refiner MMTC-PAMP to buy, store and sell gold.
18 May 2018 8:30 AM
WGC expects imports to remain in line with last year
04 May 2018 6:22 AM
Fall in demand was largely caused by a decline in investment demand for gold bars and gold-backed ETFs.
03 May 2018 10:08 AM
It is difficult to gauge how many new buyers are entering the market because of online access.
22 Mar 2018 5:29 AM
Two-thirds of India’s gold demand comes from rural areas, where jewellery is a traditional store of wealth.
09 Nov 2017 11:42 AM