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
India’s Gold Duty Cut Expected to Drive Festive Buying Surge
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
Augmont Gold for All Sets New Benchmark with Thinnest Gold Coin
The Thinnest Gold Coin measures a groundbreaking thickness of less than 1mm with a weight of 100mg and a diameter of 2.2 cm.
The only list you’ll need while building a website for your jewellery brand
A well-planned website is essential for any jewellery brand looking to stay competitive and relevant. To create the optimal site, it is important to strike the right balance between high-quality visuals, informative content, and a consistent tone that accurately reflects the brand's identity, says Priyanka Talreja Garegrat
India's gold imports for January have hit a 32-month low, plummeting 76% from the previous year's numbers
The country imported 14.6 tonnes of gold in January 2023, down from 61.5 tonnes in January 2022. The lower demand for gold has affected not only India's import figures but also global gold prices, which fell on the news of India's reduced imports.
Gold Imports Surge 677% in May to Highest in a Year Amid Price Corrections
However, local gold futures fell to INR 49,572 per 10 grams in May, the lowest in nearly three months
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
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