Bars and Coins Outshine Jewellery as Indians Splurge up to $11 Billion on Gold This Diwali
Investment-led buying dominates festive season demand, with over 40 tons of gold sold in two days
CaratLane Expands Footprint as Young Indians Drive Demand for Lightweight, Low-Carat Jewellery
CaratLane, a subsidiary of Titan Company, is charting an aggressive expansion plan for the current financial year, driven by strong consumer interest in lower-carat, lightweight jewellery among young Indian shoppers
RBI’s Repo Rate Cut Welcomed as a Boost for Economic Growth and Gold Investments
Dr. Renisha Chainani, Head of Research at Augmont, has welcomed the Reserve Bank of India’s consecutive repo rate cuts, highlighting their potential to ease financial burdens, stimulate economic growth, and bolster confidence in gold as a trusted investment amid changing market dynamics
Record high prices have dented jewellery demand: Sachin Jain, WGC
The skyrocketing price of gold is a matter of concern to the entire gold industry, but even more so for India, which is one of the largest consumers of gold worldwide. Driven by multiple factors, chiefly global economic uncertainties, inflation concerns, and a strong investment demand, these price movements have significant implications for retailers, consumers, and investors in India. In a conversation with Suneeta Kaul, Sachin Jain, Regional CEO, India, World Gold Council, dwells on the impact of high prices, the move towards organized retail in the country, the rising trend of digital gold investment, and more
Augmont Wins Four Awards at 10th India International Bullion Summit
Augmont Enterprises Pvt. Ltd. and Augmont Goldtech Pvt. Ltd. were honored with four awards at the 10th India International Bullion Summit (IIBS), organized by the India Bullion and Jewellers Association (IBJA)
Jewellers' Body Advocates for Uniform Gold Rates Across India
The All India Gem and Jewellery Domestic Council (GJC) is advocating for a 'One Nation One Gold Rate' policy to standardize gold prices across India
Gold Price Surge Dampens Physical Demand in Key Markets
The recent surge in gold prices, driven by U.S. Federal Reserve interest rate cuts and geopolitical tensions, has led to a sharp decline in physical demand across major global markets. Despite a temporary boost in India following an import duty cut, the overall trend shows consumers pulling back as prices hit record highs, prompting many to sell their holdings and profit from the rally
Senco Gold & Diamonds Unveils 'Shakti Collection' for Durga Puja Celebrations
Senco Gold & Diamonds has launched the 'Shakti Collection,' a fine jewellery range under its Everlite sub-brand, in celebration of Durga Puja
Indian Gold Industry Announces Formation of ‘Indian Association for Gold Excellence and Standards’ (IAGES)
The Indian gold industry has announced the formation of the Indian Association for Gold Excellence and Standards (IAGES – pronounced as I-AAY-GES), a self-regulatory organisation (SRO) created by the Indian gold industry for the Indian gold industry and supported by the World Gold Council
Gold Demand Reaches Record Highs in Q2 2024, Driving Prices to New Peaks
The World Gold Council’s Q2 2024 Gold Demand Trends report highlights a significant surge in global gold demand, reaching a record 1,258 tonnes, a 4% increase year-on-year and marking the strongest Q2 performance in the Council's data series
WGC Calls for Guidelines on Digital Gold Market in India
The World Gold Council (WGC), an international trade association, has urged India's finance ministry and the Reserve Bank of India (RBI) to establish clear guidelines and regulatory frameworks for the burgeoning digital gold business in the country
World Gold Council's Insights: Navigating Gold's 2024 Outlook Amidst Market Uncertainty
In the first half of 2024, gold has demonstrated a robust performance, defying expectations by surging 12% year-to-date and surpassing most major asset classes
Zerodha Fund House Highlights Gold Investment Opportunities on Akshaya Tritiya
As the auspicious occasion of Akshaya Tritiya draws near, Zerodha Fund House, India's premier passive AMC, sheds light on the significance of this day and the potential benefits of gold investments
Augmont and CaratLane team-up to streamline gold investments and revolutionize jewellery purchases with Digital gold
This partnership is a step towards Augmont’s vision of revolutionising how customers engage with gold investments
DMCC and World Gold Council Collaborate to Propel UAE Gold Industry Forward
DMCC and the World Gold Council have joined forces in a memorandum of understanding (MoU) to drive forward the gold industry in the UAE

