Weddings, Lower Prices Drive Up India’s Q1 Gold Jewellery Demand: WGC

  • - 30 April 2021 1:05 PM

According to World Gold Council’s (WGC’s) latest Gold Demand Trends report, India’s Q1 demand for gold grew 37% to 140 tonnes compared to Q1 2020 (102 tonnes) buoyed by factors such as lower gold prices

Economic Recovery Likely To Boost Gold Demand In India This Year: WGC

  • - 16 January 2021 2:08 PM

The report, titled 'Gold Outlook 2021- Economic recovery and low interest rates set the tone', also said although global economic growth is likely to remain anaemic relative to its full potential for some time, gold's more stable price performance since mid-August may foster buying opportunities for consumers

WGC: Covid-19 Boosts Demand For Gold Loans In India

  • - 10 November 2020 10:05 PM

Households and small businesses in India have preferred to pledge gold as collateral to meet financing needs rather than selling it outright during the Covid pandemic, the World Gold Council (WGC) said in a market update titled ‘Gold loans help India weather the Covid-19 storm’

World Gold Council Appoints Randy Smallwood As New Chair

  • - 08 September 2020 2:15 PM

Randy Smallwood, President and CEO at Wheaton Precious Metals Corp. (“Wheaton”), new Chair at WGC

Covid Situation May Dampen Gold Demand During Diwali Season Too: World Gold Council

  • - 07 August 2020 11:20 AM

Many industry stalwarts are hopeful that by October this year, the demand situation will improve, WGC however, based on its research claims otherwise

World Gold Council Expects India’s H2 Consumer Demand To Remain Soft

  • - 20 July 2020 2:33 PM

WGC examines how the combination of high risk, low opportunity cost and positive price momentum looks set to support gold investment

WGC: Indian Jewellers Must Enhance Digital Strategy To Succeed Post Covid-19

  • - 20 July 2020 2:18 PM

Online gold market in India is in its nascent stage, accounting for approximately 1-2 per cent of overall gold sales by value

WGC Report: Global Gold-Backed ETF shows spurt in 7th Consecutive month

  • - 07 July 2020 7:31 PM

Gold-backed ETFs (gold ETFs) recorded their seventh consecutive month of positive flows, adding 104 tonnes (t) in June

Gold ETF Demand Sees 300% Annual Increase in First Quarter

  • - 30 April 2020 6:19 PM

Gold-backed exchange-traded products were the prevailing asset to own, driving global demand for the yellow metal in the first quarter, as the world economy was crushed by the COVID-19 health crisis, according to the latest research from the World Gold Council (WGC)

WGC: Gold Industry Needs to Spruce up Digitisation

  • - 23 April 2020 12:27 PM

The gold industry has the potential to appeal to a sizable new audience. Technology can play a key role in opening up new avenues for gold investment; easy online accessibility is a must in this era of increasing global digitisation

WGC Released Update on Gold Reserves

  • - 06 April 2020 3:07 PM

The World Gold Council has recently released its regular statistical update on gold reserves in the official sector

Gold Prices During Ongoing Pandemic

  • - 20 March 2020 10:36 AM

Like most asset classes, gold is being affected by the unprecedented economic and financial market conditions in play around the globe, with inputs from analyst and consultant with WGC, Trevor Keel WGC decodes the effect of COVID-19 on gold prices 

Gold price volatility may deter Indian consumers, says WGC

  • - 17 January 2020 4:12 PM

Consumer and gold trade sentiment may remain soft in India through 2020, the World Gold Council (WGC) said in its latest report 'Outlook 2020'. 

WGC: Surge in ETF inflows supports Q3 gold demand growth

  • - 05 November 2019 1:30 PM

Jewellery demand was hampered by the continued strength in the gold price, which hit a new multi-year high, as well as consumers being downbeat on the health of the global economy

WGC: Jewellery demands may face headwinds during Diwali

  • - 21 August 2019 2:32 PM

"We are dealing with higher import duty, erratic monsoon, slowing economic growth and then very volatile and all-time high gold prices and the demand really seems to be taking a backseat amongst all of this," says PR Somasundaram, MD-India at World Gold Council

WGC: H1 gold demand jumps to three year high in 2019, driven by central bank buying and ETF inflows

  • - 01 August 2019 10:15 AM

The first quarter of the year, gold demand increased to 2,181.7t in the first six months of 2019, an uplift of 8% compared with the first half of last year                                                                                                                    

WGC shares mid-year 2019 gold outlook

  • - 11 July 2019 5:41 PM

Weaker economic growth may soften gold consumer demand near term, but structural economic reforms in India and China will likely support long-term demand

Uzbekistan key supplier of gold to India

  • - 13 May 2019 11:11 AM

According to a report by WGC, Uzbekistan emerged as the largest sellers of bullion with sales amounting to 6.2 tons in Jan-March 2019  

WGC advises Government to lay down regulations for purchase of digital gold

  • - 10 May 2019 11:45 AM

While the World Gold Council (WGC) has set voluntary guidelines for all countries, they have instructed respective country Governements to form their own regulatory norms  

Indian elections hamper gold demand in Q1: WGC

  • - 03 May 2019 9:48 AM

World Gold Council (WGC) states that ongoing elections may act as headwin for gold demand due to restrictions on persons carrying cash exceeding Rs 50000. 

Global gold demand up 7%: WGC

  • - 02 May 2019 3:24 PM

In the first quarter of 2019, global gold demand grew to 1.053.3t according to World Gold Council's latest Gold Demand Trends report.   

Highest central bank buying in 50 years drives 4% growth in gold demand in 2018

  • - 01 February 2019 1:46 PM

Global gold demand reached 4,345.1 tonnes (t) in 2018, up 4% on 2017 and in line with five-year average demand of 4,347.5t, according to the WGC's latest Gold Demand Trends report. 

WGC to submit blueprint on spot gold exchange to govt soon

  • - 20 September 2018 12:28 PM

The World Gold Council (WGC) said it will soon submit the blueprint on spot exchange for yellow metal to the government.

China's jewellery market – quietly improving: WGC

  • - 07 June 2018 9:43 AM

Fuelled by an expanding economy and rising wealth, China's gold jewellery demand has boomed since the early 2000s.

India's demographics to boost gold jewellery demand: WGC

  • - 21 May 2018 10:00 AM

The gold jewellery demand is likely to face pressure in the long term, however, the country's demographics will offset the trends and boost demand, the World Gold Council (WGC) said in a report today.

Q4 recovery fails to mitigate full year declines in 2017: WGC

  • - 07 February 2018 12:44 PM

Overall demand for the full year fell by 7% to 4,071.7t, compared with 2016.

Demonetization hasn't deterred gold purchase in India; Indian gold demand accounted for 1/5th of world gold demand says WGC

  • - 30 May 2017 1:11 PM

WGC latest report shows that Indian gold demand supported world gold demand in the first quarter of 2017.

Demand for gold in India falls by 28% in Q3, says WGC report

  • - 01 January 2017 12:52 PM

World Gold Council demand trend report for Q3 of 2016

Gold demand resilient in 2015, says WGC report

  • - 22 February 2016 11:04 AM

Central banks and Chinese buyers helping to spur gold demand, China remained the world's biggest consumer of gold last year, ahead of India.

Gold demand to be around 900-1000 tonnes -WGC report

  • - 12 February 2015 4:23 PM

Total gold supply in 2014 was virtually unchanged compared to 2013 at 4,278 tonnes.

India was world’s largest gold consumer in 2009

  • - 18 February 2010 5:11 PM

WGC announces Gold Demand Trends of 2009

Gold demand remains alive with economic recovery says WGC

  • - 19 November 2009 5:53 PM

The strong rupee affects gold demand but lure for the metal continues

Central Bank of Sri Lanka announces buying gold to build reserves

  • - 10 November 2009 6:02 PM

The WGC is noting an increase in the number of central banks buying gold

WGC launches The Great Indian Gold Rush

  • - 24 September 2009 5:33 PM

The gold festival aims to excite consumer purchase

WGC excites the purchase scene on Akshaye Trithya

  • - 22 April 2009 11:14 AM

Creates unique tie-ups with retailers and organisations across India

WGC appoints Fakhreddin as its new MD

  • - 02 March 2009 9:08 PM

Fakhreddin was head of DTC in UAE

WGC and D’damas relaunch ‘Gold Expressions’

  • - 18 December 2008 7:11 PM

World Gold Council and D’damas have innovatively launched their product, Gold Expressions

Joy Alukkas partners with WGC

  • - 23 August 2008 11:23 AM

Will be associated with ‘Only Gold’ campaign

WGC partners with online portal

  • - 28 June 2008 10:42 AM

Will support knowledge sharing for the gold industry

FICCI and WGC sign MoU

  • - 30 May 2008 4:01 PM

Intend to promote sale of gold jewellery in a systematic manner

WGC releases report on sale of gold during Akshaya Tritiya

  • - 17 May 2008 8:42 AM

Indicates hallmarked jewellery sales rising by 25 percent

India earns high investments in gold during Q3, reports WGC

  • - 16 February 2008 12:00 AM

Russia turns out to exceed ju\ewellery demand in Q4 of 2007

D’damas and WGC introduce the new face for ‘collection g’

  • - 02 February 2008 12:00 AM

Valentines line launched by Jacqueline Fernandez

WGC plans finance scheme

  • - 28 December 2007 12:00 AM

Wants to support lower income groups to purchase gold

WGC and FICCI plan Turkey tour

  • - 24 December 2007 12:00 AM

Intend to enhance industry ties for the jewellery segment

WGC partners with Nanostellar Inc

  • - 15 December 2007 12:00 AM

To promote industrial use of gold in the auto catalyst market

WGC predicts increase in gold demand

  • - 05 November 2007 12:00 AM

Sale to scale up by 10- 15% during Diwali

WGC says gold demand in India to be less this season

  • - 16 October 2007 12:00 AM

Attributes it to the 28-year hike in gold prices

WGC to tie-up with Pantaloon and Reliance Retail

  • - 27 September 2007 12:00 AM

Intends to strengthen marketing of gold jewellery in India

WGC adds three new members

  • - 10 August 2007 12:00 AM

Now represents 65% global gold production

Mitra new WGC India head

  • - 07 March 2007 12:00 AM

Background in consumer marketing

WGC and 'Madras Jewellers and Merchants Association' to hold exhibition

  • - 20 February 2007 12:00 AM

Gold, Jewelry B2B Exhibition on March 2 in Chennai

WGC projects positive H1 Gold demand

  • - 15 February 2007 12:00 AM

Warns against excessive price volatility

WGC mull GOLD ETFs in India and Europe

  • - 13 January 2007 12:00 AM

Says investment demand, market fundamentals to remain strong

WGC Reports 22% fall in Jewelry Demand

  • - 27 May 2006 12:00 AM

Significant price volatility, buyers spending more on gold than a year ago

WGC Gold Expressions 2006 at Vicenzaoro 1

  • - 18 January 2006 12:00 AM

jewellery is based on consumer research and concepts like naturalism & spiritualism

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