Gold Demand To Strengthen During Peak Festive Period, Says WGC
The demand in India is showing signs of a pickup with the onset of the festive season, led primarily by a surge in physical investment demand for bars and coins
The demand in India is showing signs of a pickup with the onset of the festive season, led primarily by a surge in physical investment demand for bars and coins
Projected to account for about 16 per cent of the global diamond market by 2029, lab-grown diamonds are gaining ground as evolving consumer values favour them over natural ones.
The council noted that global gold-backed exchange-traded funds (ETFs) witnessed a broad-based revival, with investors from across the world adding significantly to their holdings
India’s gold demand is anticipated to be low in the first quarter of 2024 owing to reduced jewellery sales, but yearly demand is expected to climb as customers adjust to higher costs, according to the World Gold Council (WGC) on Wednesday. Higher purchases in the world’s second-largest gold consumer may sustain prices, which are nearing […]
India’s gold demand in April-June 2023 quarter dropped by 7 per cent to 158.1 tonnes, attributable to high gold prices which significantly impacted affordability and consumer sentiment, said World Gold Council in a report on Tuesday. In comparison, in the same quarter the previous year, the demand for yellow metal was 170.7 tonnes. Coming to […]