Odisha has emerged as a new hotspot for gold mining following the discovery of significant gold reserves across multiple districts. The state's Mines Minister, Bibhuti Jena, confirmed the breakthrough, stating that exploration efforts are ongoing, with a large-scale gold mine auction planned for the near future

India’s gold imports are set to drop by a staggering 85% in February compared to the same month last year, hitting their lowest level in two decades, according to a report by Reuters

November saw central banks continue their aggressive gold acquisitions, with Poland leading the charge and China re-entering the market, underscoring gold’s lasting appeal as a stable asset

As the festive season approaches, the Indian gold market is showing promising signs of recovery, despite facing challenges from record-high prices and recent fluctuations in demand

A recent reduction in gold import duties—from 15% to 6% in the latest budget—has led to a remarkable 35-40% increase in sales for gold retailers across India. This dramatic shift has provided a much-needed boost to an industry that had been struggling with high prices and stagnant sales

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

In a strategic move reflecting heightened global economic uncertainties, the Reserve Bank of India (RBI) significantly bolstered its gold reserves by $5.6 billion during the April-June quarter

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

Gold, long heralded as a safe haven asset, is currently experiencing a surge in demand, propelling its prices to unprecedented highs

The Reserve Bank of India (RBI) witnessed a notable expansion in its gold reserves during the fiscal year 2024, with an increase of 27.46 metric tonnes reported by the end of March

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

IFSCA Chairman urges establishment of gold refining facilities in India, emphasizing its significance as a leading global buyer of the precious metal

Digital gold is quickly becoming the preferred choice due to its convenience and affordability.

Report informs of a strong third quarter that lifts gold demand to pre-pandemic levels