For generations, gold has held a revered place in Indian culture, symbolizing good luck and heralding prosperous times. This deep-seated cultural bond continues to thrive, even as gold prices soar to unprecedented levels

The skyrocketing price of gold is a matter of concern to the entire gold industry, but even more so for India, which is one of the largest consumers of gold worldwide. Driven by multiple factors, chiefly global economic uncertainties, inflation concerns, and a strong investment demand, these price movements have significant implications for retailers, consumers, and investors in India. In a conversation with Suneeta Kaul, Sachin Jain, Regional CEO, India, World Gold Council, dwells on the impact of high prices, the move towards organized retail in the country, the rising trend of digital gold investment, and more

India's gold demand is expected to moderate in 2025 due to record-high prices, which are likely to reduce jewellery consumption despite strong investment interest, the World Gold Council (WGC) reported on Wednesday

Industry leaders have praised the Union Budget for boosting consumer demand through tax reforms, increasing disposable income, and supporting economic growth

The World Gold Council (WGC) has expressed concerns about the potential hike in gold import duties in India’s upcoming Union Budget for 2025

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 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

Finance Minister Nirmala Sitharaman’s Budget has been hailed by the gems and jewellery industry, with stakeholders calling the duty cuts a long-awaited step in the right direction

The World Gold Council (WGC), an international trade association, has urged India's finance ministry and the Reserve Bank of India (RBI) to establish clear guidelines and regulatory frameworks for the burgeoning digital gold business in the country

All India Gem & Jewellery Domestic Council (GJC) hosted an inaugural one-day Gems and Jewellery Banking Summit at the Jio World Convention Centre in Mumbai

The Gems & Jewellery Banking Summit was inaugurated today at the Jio World Convention Centre in Mumbai, marking a significant event for the industry

The second edition of the Kamakhya Gold Outlook event, held in Mumbai on May 17, 2024, brought together leading voices in the gold market to forecast and analyze future trends. Against the backdrop of soaring gold prices in India, industry luminaries convened to provide guidance on navigating the dynamic landscape and preparing for potential challenges and opportunities

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

50,000+ visitors across 2 venues of Jio World Convention Centre & Bombay Exhibition Centre with 2100 foreign visitors