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

The Indian gold jewellery industry is poised for significant growth in the financial year 2025 (FY25), with revenue expected to increase by 13-15%, according to a report by ICRA

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

Sachin Jain, the newly appointed CEO for India at the World Gold Council, brings extensive experience from his tenure at De Beers, where he served in several senior roles over the past 13 years. Notably, he held the position of Managing Director of De Beers India, overseeing operations for the De Beers Forevermark business in India and the Middle East. His appointment is effective March 2024

The World Gold Council has announced that Somasundaram PR, Regional CEO, India, will step down from his current position next year when his successor has been appointed.

This World Gold Council report states that chain stores comprise 35% of India’s retail gold jewellery market and that they are poised to grow in the next 5 years

The World Gold Council today launched a report titled ‘Gold Refining And Recycling’

Despite India being one of the world’s largest consumers of gold, the mining market operates on a small scale and is not an easy one to enter

Indian official imports have continued to grow despite high import duty, averaging 760t since the first duty hike in 2012

The GJEPC has been propagating the benefits of setting up a Bullion Exchange that can focus on price discovery

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

Gold imports were down at 38 tonnes in October despite being one of the most auspicious times to buy gold in India

The World Gold Council and MMTC-PAMP India Pvt. Ltd. have jointly launched the ‘Precious Metals Assay and Training Institute’ (PMATI) to develop a new generation of skilled assayers. 

It is a Strategy to Strengthen Its Presence in the Online Space.