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Gold glittered in 2016 on keen investment demand: WGC

Gold glittered in 2016 on keen investment demand: WGC

Total demand for gold -- whose twin drivers are jewellery and investment buying -- advanced 2 percent to 4,309 tonnes compared with 2015, London-based industry body WGC said in a report.

 

Global gold demand up 15% in Q2 2016: WGC

Global gold demand up 15% in Q2 2016: WGC

Global gold demand grew by 15 percent to 1,050 tonnes in the second quarter of 2016, mainly driven by considerable investment demand, World Gold Council (WGC) said in its latest report.

India's gold demand dropped 39% in Q1 2016: World Gold Council

India's gold demand dropped 39% in Q1 2016: World Gold Council

The demand for gold in India for the January-March quarter of 2016 was at 116.5 tonnes, down by 39 percent as compared to the corresponding period of the previous year, the World Gold Council said on Thursday.

 

India's Q3 gold demand jumps 13% to 268 tonnes: WGC

India's Q3 gold demand jumps 13% to 268 tonnes: WGC

Gold demand in India during the July-September period increased by 13 percent to 268.1 tonnes mainly due to softening of the prices at the beginning of the quarter, World Gold Council has said.

Sovereign gold bond scheme more likely to succeed: Nomura

Annual investment demand for gold is estimated at 300 MT per annum, which is around 35 percent of India's gold import bill (USD 34 billion in fiscal year 2014-15).

India's Q2 gold demand drops by 39% to 204.1 tonnes: WGC report

India's Q2 2014 gold demand value fell by 41 percent to Rs 50,564.3 crore, compared to Rs 85,533.8 crore in Q2 2013.

Gold declines by Rs 125, silver Rs 400 on weak demand

Gold prices lost Rs 125 to Rs 31,575 per 10 grams in the national capital today on weak demand at prevailing higher levels amid strengthening rupee.

Gold rises for sixth straight day; up Rs 150 at Rs 30,310 per 10 grams

Gold on Thursday rose for the sixth straight session and gained Rs 150 to Rs 30,310 per 10 grams on sustained buying ahead of the festive and marriage season amid a firming global trend.

Gold regains Rs 30K level on strong festive demand, global cues

Gold on Wednesday regained the psychological level of Rs 30,000 per 10 grams on brisk buying by stockists and jewellers to meet the demand for the upcoming festive season amid a firming global trend.

Gold futures extend gains on global cues, spot demand

Buoyed by firming trend overseas, gold continued its winning streak to trade 0.33 percent higher in futures trade on Thursday as speculators engaged in building positions.

Gold down by Rs 75 on weak global cues, subdued demand

In New York, gold fell by USD 6.50 to USD 1,773.60 an ounce on Friday night.

Gold pauses after rally, monetary easing hopes support

Spot gold edged lower on Thursday, taking a breather after hitting a three-month high in the previous session, while sentiment remains supported on hopes of further monetary easing after sluggish economic data from the eurozone and China.

Gold, silver rebound on seasonal demand, firm global cues

Both the precious metals, gold and silver, rebounded, Tuesday on buying by stockists and jewellers for the ongoing marriage season demand amid firming global trend.

Gold is still the best bet for investors

Recent fall has been more on panic in markets and mirroring fall across commodity pack. After huge volatility, market could see some consolidation.

Global crisis may push gold prices to Rs 32,000/10 gms

From this Diwali to the next, we feel that gold prices should consolidate around levels of $1800/oz in the international markets and around Rs28,000/10gm in the Indian markets.