Page 3 - Gold Demand In India
Problems of gold deposit schemes
Banks, ETFs, and jewellers can get into some arrangement, but regulation can hobble the process
 "Problems of gold deposit schemes")
India's gold demand to soften in Q3 on price rise, rural distress: WGC
Two-thirds of India's gold demand comes from rural areas, where jewellery is a traditional store of wealth
 "India's gold demand to soften in Q3 on price rise, rural distress: WGC")
As demand falls, traders go online to offer gold for as little as Re 1
Demand for gold is falling, partly as a result of government measures, higher local prices and the metal's fading appeal among more youthful customers
 "As demand falls, traders go online to offer gold for as little as Re 1")
Gold demand picks up in India over wedding season, subdued elsewhere
Gold is an essential part of the bride's dowry in India and also a popular gift from family and guests at weddings
 "Gold demand picks up in India over wedding season, subdued elsewhere")
Gold climbs Rs 190 to Rs 31,850 on firm global cues, jewellers' buying
Moreover, increased buying by local jewellers at domestic spot market, supported the uptrend in gold
 "Gold climbs Rs 190 to Rs 31,850 on firm global cues, jewellers' buying")
Jewellers shy away as India gold prices touch near 15-month highs
Gold demand in major hubs in Asia remained dull as most markets were shut for the Lunar New Year holidays
Gold demand slumps as prices rise during peak wedding season
India's gold consumption is likely to drop to its lowest in eight years in 2017
 "Gold demand slumps as prices rise during peak wedding season")
Indians' love for gold declined in September quarter, demand down 24%: WGC
The gold demand in India stood at 193 tonnes during the third quarter of 2016, according to WGC's Global gold demand in Q3 2017
 "Indians' love for gold declined in September quarter, demand down 24%: WGC")
Wedding bells set to ring in fresh gold demand in India
Gold is considered an essential part of weddings in India, second-biggest consumer of the metal in the world after China, and it is a popular gift on such occasions
Gold jewellery sees lacklustre sale
The global price fell this week to $1,287 an ounce, the lowest in a month, after the US Federal Reserve affirmed a scheduled upward revision in its policy rate this December
 "Gold jewellery sees lacklustre sale")
Gold demand slumps as prices rise, seasonal consumption slows in India
Dealers in India offered discounts for gold, as the absence of key festivals kept demand subdued
 "Gold demand slumps as prices rise, seasonal consumption slows in India")
