Page 8 - India Gold Demand

TMS Ep80: Gold rush, wedding industry, markets, privatisation

What is behind India's renewed love for gold? Will Omicron woes hit the wedding industry? Markets prepared for mini-lockdowns? What are privatisation and disinvestment? All answers here

Gold price today at Rs 48,340 per 10 grams; silver at Rs 66,500 a kg

The rate of gold jewellery varies across the nation due to excise duty, state taxes, and making charges.

Gold price today Rs 48,250 for 10 gram; silver at Rs 64,700 per kg

The price of gold differs across the nation owing to excise duty, state taxes, and making charges.

Gold demand in India back to pre-Covid levels in September quarter: WGC

Typically, July - September is a seasonally weak period for gold demand due to monsoons and inauspicious periods like Pitru-Paksha when buyers usually prefer to postpone gold purchases

India's gold demand could jump in Q4 on festivals, pent-up purchases: WGC

Demand for the precious metal usually spikes towards the end of the year in India, as buying gold for weddings and major festivals such as Diwali and Dussehra is considered auspicious.

WGC Regional CEO Somasundaram PR on why 2022 will be a good year for gold

India demand for gold in Q2 FY22 jumped 47% YoY to 139.1 tonnes, compared with 94.6 tonnes in the year-ago period. How will the year 2022 prove for gold? Is it a good time to buy? Let's find out

India's gold demand may slow down due to declining household savings

Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages

Gold demand likely to be robust in 2022: World Gold Council

The demand for gold is likely to remain subdued this year following Covid-related disruptions that continues in India, the World Gold Council (WGC) said in a report

Gold price today at Rs 46,470 per 10 gm, silver selling at Rs 59,500 a kg

The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges

Attractive stock markets may keep investors away from gold: Analysts

Demand for gold in India jumped 19.2 per cent in the April - June 2021 quarter to 76.1 tonnes, suggests the latest report from World Gold Council (WGC)

India's gold demand up 37% YoY in March qtr; global demand dips 23%: WGC

The next phase of gold demand - in the second half of 2021 - will not be driven by fear, but by economic growth, WGC said

India's gold demand could falter in June quarter on Covid-19 lockdowns: WGC

Appetite for gold soared in the first quarter on pent-up demand after weddings were delayed in 2020 due to the Covid-19 pandemic

India's March gold imports surge 471% to a record 160 tonnes: Report

Higher imports by the world's second-biggest bullion consumer could support benchmark gold prices, which have corrected nearly 17% from an all-time high of $2,072 in August 2020

Consumer gold demand in India set to recover in 2021: WGC Report

Demand will be helped by lower import duty among other announcements made in the Union Budget for FY22, said a World Gold Council (WGC) report

Gold imports decline 47.42% to $9.28 bn during Apr-Oct as demand falls

India's gold imports, which have a bearing on the current account deficit, plunged 81.22% to $2.47 billion during April-July period of 2020-21 due to a notable fall in demand in the wake of Covid-19

The current correction is temporary, add to your position in gold

With liquidity remaining high and real interest rates continuing to be low, gold is expected to do well for at least the next 18-24 months

India's yearly gold demand in 2020 can be the lowest since 1995: WGC

According to the World Gold Council (WGC), gold demand in India thus far in CY20 stands at 252 tonnes, as compared to 496 tonnes in the same period last year.

India's gold demand could recover during Q4 on festival shopping: WGC

Demand for the precious metal usually spikes towards the end of the year in India, as buying gold for weddings and major festivals such as Diwali and Dussehra is considered auspicious

Gold jewellery demand in India slumps 74% in June quarter on Covid-19

The strict lockdown imposed in late March eclipsed the gold buying festival of Akshaya Tritiya

Gold demand in India down 18% in Q3; revival hinges on Budget measures

This quarter was crucial because of a fall in demand in the Diwali days in the year-ago equivalent period. However, that failed to boost numbers because of high prices, weak consumer sentiment