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About 118 results for "wgc"

India gold demand may touch up to 950 tonnes level by 2020:WGC
Money Control

Gold buying: Annual demand not expected to return to 850 tonne...

World Gold Council (WGC), the industry's market development body, expects India's annual demand to not cross 850 tonnes for another three years.For this calendar year, it estimates 650-750 tonnes. The past year had seen a 21 per cent fall, to 676 tonnes, ... Business Standard, 2 weeks ago
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Business Line

DeMo has reinforced faith in gold: WGC

Demonetisation has tested people’s faith in fiat currencies and in turn reinforced their faith in gold, finds World Gold Council. Fiat currencies are those not backed by a physical commodity, like gold. All currencies are now fiat currencies, including the ...
 The Financial Chronicle2 weeks ago Gold futures volume nosedives 71%: WGC  The Financial Chronicle1 month ago Note ban squeezed gold demand to 650-750 tonnes, smuggling declined: WGC  Business Standard1 month ago Gold loses sheen in short term on note ban: WGC  Business Line1 month ago
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Reuters

Gold demand up 2 percent in 2016 as investment offsets lower jewellery buying - WGC

LONDON (Reuters) - A bounce in investment to a four-year high drove a modest gain in gold demand last year, data from the World Gold Council showed on Friday, even as use of the metal in jewellery slid to its lowest since 2009 and coin and bar buying dipped.
 Business Standard1 month ago Global gold demand up 2% in 2016: WGC  Business Line1 month ago

WGC calls for lower gold taxes

The government should cut taxes on gold substantially from the existing 13 per cent level to curb smuggling and promote transparency in local gold trade, the World Gold Council (WGC) said ahead of the Union budget. At present, gold attracts Customs duty of 10 ...
 Business Line2 months ago WGC demands lowering of gold taxes from current 13%  Money Control2 months ago
Business Line

India 2017 gold demand to be muted: WGC

Demand fell sharply by 21% to 676 tonnes in 2016 Mumbai, Feb 3: Gold demand in India will be muted this year after dropping to multi-year lows in 2016, with trading dented as the government pushes to make markets for the metal more transparent and brings in a ...
 Business Line1 month ago India 2017 gold demand seen muted as govt clamps down on 'black money' - WGC  Reuters1 month ago Govt to mop up 8K kg gold through monetisation plan  Deccan Herald2 weeks ago Indian gold prices flip to discount for first time in 7 weeks  Sify1 month ago
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Money Control

Gold demand down 21% in 2016: WGC

Gold demand for 2016 fell 21 per cent to 675 tonnes, lowest annual consumption since 2009. With the uncertainties around GST and digitisation prevailing, World Gold Council (WGC) has kept the demand projection for 2017 within a range of 650 to 750 tonnes. The ...
 The Financial Chronicle1 month ago Gold demand rises 2% in 2016 as investment surges to four-year high: WGC  Myiris1 month ago Gold glittered in 2016 on keen investment demand: WGC  DNA1 month ago

Gold demand rose by 2 per cent as investment surge: WGC

Global gold demand grew by 2 percent in 2016, to 4,309 tonne, mainly driven by inflows intogold-backed Exchange Traded Funds (ETFs) in the US and surgetowards bars and coins in China during the fourth quarter,according to World Gold Council (WGC).
 Money Control1 month ago
Money Control

Gold demand rose by 2% as investment surge: WGC

"In China, the demand for bars and coins surged in the fourth quarter due to price dip in November and currency weakness also helped to boost overall investment demand by 70 percent, to a four-year high of 1,561 tonne," WGC Managing Director, India, ...
 Money Control1 month ago
Money Control

Demonetisation drive to favour big gold jewellery store chains

Somasundaram PR, managing director of the WGC's Indian operations, said on Tuesday Prime Minister Narendra Modi's move to scrap 500 and 1,000 rupee banknotes - a 'demonetisation' crackdown on corruption and tax evasion - will boost larger jewellery retailers' ...
 Money Control1 month ago Demonetisation drive to favour country's big gold jewellery store chains - WGC  Reuters1 month ago
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Gold will retain strategic value in 2017: WGC

Despite the current worries around a strong dollar putting pressure on gold prices, the metal will remain a strategic portfolio component in 2017 and get support from factors like heightened political and geopolitical risks, currency depreciation and rising ...
 The Financial Chronicle2 months ago
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