Gold demand to remain high, says World Gold Council

Source: World Gold Council Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as the dollar rose to the highest since 2008 after some Federal Reserve officials said the central bank should end its stimulus ...

The World Gold Council reported strong demand for the physical metal by consumers, industry and central banks in Q-1 of Y 2013 relative to the same time last year. This growth in demand, however, is being offset by lower speculative investment ...

World Gold Council India official says the price fluctuations in gold have only served to reinforce Indian consumers' appetite for the yellow metal Reuters New Delhi: The demand for gold in India surged 27 percent to 256.5 tonnes in January-March 2013 even ...

World Gold Council has emphasised that government measures to curb the metal's import are unlikely to affect the demand at a retail level. NEW DELHI/KOLKATA: A day after C Rangarajan, head of the Prime Minister's Economic Advisory Council, stressed the need ...

Somasundaram P R, World Gold CouncilRising import of gold has been of concern to all be it Reserve Bank of Inida (RBI), finance ministry and others as it has a big role in pushing up India’s Current Account Deficit (CAD) to a record high of around 6.7% ...

Mumbai: The World Gold Council (WGC), in partnership with India Post and Reliance Money, is offering consumers a price reduction of 7 per cent on daily prices for the purchase of gold coins from India Post offices to celebrate the festival of Akshaya Tritiya, ...

The World Gold Council (WGC) said on Friday that the slide in gold prices was triggered by speculation by traders operating in the futures markets, leading to a buying spree across the world, which in turn led to a shortage of bars and coins. In a statement, ...

The World Gold Council (WGC) published its research report Italy considers gold as an alternative to austerity. The study revealed that Italian business leaders (92%) and citizens (85%) overwhelmingly agree that the nation's gold reserves have an important ...

To mark World Malaria Day, the World Gold Council has reiterated the path-breaking research results that have led to the development of Rapid Diagnostic Test (RDT) that uses nano particles of gold to timely detect and cure malaria cross the world. With an aim ...