Wgc News

Gold demand fell this quarter when compared to the same period last year, due mainly to a decline in demand from consumers in India and China, the World Gold Council (WGC) said on Thursday. Overall jewellery demand was lower by 14% ...

India had its strongest year for jewellery demand since the World Gold Council's records began in 1995, up 8% on a year ago to 662 tonnes, WGC said in the press release. The demand was driven by wedding and festival ...

In a move to monetise India's large stock of household gold, the Federation of Indian Chambers of Commerce and Industry (FICCI) and the World Gold Council released a report that highlights key policy recommendations. Here are the key recommendations: ...

It was a good week for gold, unlike equities, which saw a sharp slide on Friday across global markets. Gold also saw a slight correction on Friday after hitting a two week high on Thursday. Spot gold dropped 1.5 percent to ...

The World Gold Council (WGC) said the recent fall in gold prices was driven by speculative traders in the futures markets. It also mentioned that lower prices boosted demand for the precious metal from India and China to the US, Japan ...

The World Gold Council, the market development organisation for the gold industry, has appointed Somasundaram PR as Managing Director, India. Somasundarum PR (Som) will be based in Mumbai, where he will be responsible for leading the World Gold Council's activities ...

Gold Jewellery demand in Q1 2012, has dropped sharply to 152.0t from Q1 2011, according to a release from the World Gold Council. Investment demand was down 46% from the previous year at 55.6t. Gold demand in India was affected ...