In a significant policy shift aimed at addressing both consumer demand and safety concerns, the Indian government is set to make hallmarking of 9-karat (KT) gold jewellery mandatory

India's recent gold import duty cut is expected to spark a surge in gold demand during the upcoming festive season. With duties reduced from 15% to 6%, the move aims to make gold more affordable for consumers and boost retail purchases amid the peak wedding and festival period

David Tait, CEO of the World Gold Council (WGC) headquartered in London, predicts that gold demand in India and worldwide will remain robust throughout 2024

India will target gold jewellery exports of USD 25 billion by 2030: Vipul Shah, Chairman, GJEPC, at the India Gold & Jewellery Summit

The dip in yellow metal imports has been attributed to high import duty, while the WGC predicts a healthy investment upside in 2023.

Indians have learnt to live with the virus, says the WGC, and so, demand for gold is resilient

Using an econometric model, the report draws on three decades of annual data, dating from 1990 to 2020, to gauge some of the principal influences driving gold demand in India

Dealers were charging a premium of up to $2 an ounce over official domestic prices, inclusive of 10.75% import and 3% sales levies, compared to last week's $3 premiums

Demand for gold in India yet to pick up in Q2 of 2021

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

Gold prices in India are up 35% this year. Analysts report uptick in investment demand for gold

Record high prices and coronavirus crisis have hurt physical gold demand in India, but investment demand for gold across the world remains robust

The Year That Was

It’s been a year since the demonetization decided to implement demonetization. Hers’s a look at what worked and what didn’t.