IAGES Launches National #PehlaCheckIAGES Campaign for Accredited Gold Buying
India’s gold industry body IAGES launches the #PehlaCheckIAGES campaign on December 4 in Mumbai, urging consumers to verify jewellers’ IAGES accreditation to promote ethical practices, transparency and sector-wide compliance.
Deccan Gold Mines to Launch India’s First Operational Gold Mine Since Independence, Targets 400 Kg Output
India is set to witness its first operational gold mine since Independence, as Deccan Gold Mines gears up to begin production next fiscal year. The landmark project is expected to yield 400 kilograms of gold annually and marks a significant step toward reducing the country’s reliance on imports
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
The Indian Jewellery market has grown from USD 50b in FY18 to USD 80B in FY24
Motilal Oswal Financial Services Ltd (MOFSL) suggest that the size of the Indian jewellery retail sector was close to USD80b (INR6,400b) in FY24
The World Gold Council issues a latest report detailing the state of India's gold market
The World Gold Council (WGC) has published a new report titled ‘India Gold Market - Reform and growth’
Support for gold continues as central banks maintain historic buying in Q3
The World Gold Council's Q3 Gold Demand Trends report highlights the enduring appeal of gold as an asset, with central bank buying remaining robust and exceeding historical averages
World Gold Council members commit to enhanced supply-chain transparency
The World Gold Council announced that its members, who represent the majority of the global large-scale gold mining industry, have committed to providing enhanced transparency in the gold supply chain
Indian Gem & Jewellery Exports Grew 7.90% To Rs188183.89 Crores In Apr - Oct 2022
Gem and jewellery exports witnessed a decline of 14.64% to Rs25843.84 crores in October 2022
WGC: India Ranks Fourth in Global Gold Recycling with Refining Capacity of 1800 Tonnes as of 2021
The World Gold Council today launched a report titled ‘Gold Refining And Recycling’
aXedras Group completes Series B funding with investment from WGC
The WGC recognises that initiatives like the Gold Bar Integrity Programme require industry-wide collaboration but also significant funding to ensure success, said David tait, CEO, WGC
Gold remains resilient amid heightened global uncertainty: WGC
The World Gold Council’s latest Gold Demand Trends Report reveals gold ETFs had their strongest quarterly inflows of 269t since Q3 2020, more than reversing the 173t annual net outflow from 2021, and driven in part by the rising gold price
Gold continues to rule amid market volatility and global political uncertainty
The case for holding gold remains solid, both from an investment and consumer perspective, says Somasundaram PR, Regional CEO, India, WGC, in a conversation with Suneeta Kaul
LBMA, WGC announce launch of Gold Bar Integrity Programme
Over time, this will help consumers, investors, and market participants to trust that their gold is genuine and has been responsibly and sustainably sourced
Imports account for 86% of India’s gold supply between 2016-2020: WGC report
Indian official imports have continued to grow despite high import duty, averaging 760t since the first duty hike in 2012
The gold price rallies with record ETF inflows while COVID-19 hits consumer demand in H1
The COVID-19 pandemic impacted the consumer sectors of the gold market in H1 2020, with total demand dropping by 6% to 2,076t versus the same period in 2019, according to the World Gold Council’s latest Gold Demand Trends report.
