Gold investment interest is expected to remain strong, even as jewellery demand faces pressure from record-high prices, according to a report released by the World Gold Council (WGC). WGC said that the financial year-end dynamics, which include statutory payments and tax-saving investments, may curtail discretionary spending, further weighing down demand. However, price stability could be…
A stellar rally that has lifted global gold prices to all-time highs has cast a shadow on jewellery purchases for India’s wedding season, while dealers in China offered discounts to lure buyers. Benchmark gold prices hit a record $2,942.70 an ounce this week as fears of a global trade war, spurred by possible new U.S….
India’s gold consumption in 2025 is set to moderate from last year’s nine-year peak, as a rally in prices to a record high is seen dampening jewellery demand, even as investment demand rises, the World Gold Council (WGC) said on Wednesday. Demand for gold could stand between 700 metric tons and 800 metric tons, compared…
Gold prices surpassed Rs 80,000 per 10 grams in the domestic market in 2024. (AI image) Gold price in 2025: In 2025, experts advise investors to maintain gold as an essential element of their investment portfolios, citing its diversification benefits and potential for continued gains for the fourth straight year.Gold prices surpassed Rs 80,000 per…
Representative image A report released by the World Gold Council (WGC) on Friday said that since the peak Diwali buying season, jewellery demand has been lacklustre as gold price fluctuations have kept consumers on the sidelines despite the onset of the wedding season but investment demand for the yellow metal in the form of coins…
Representative Image Gold buyers in India flocked to make purchases during the recent festive season in India, helping Senco Gold cross one of its ‘best-ever sale’. Senco reported one of its best months ever in October, achieving over Rs 1,000 crore in sales during the festive period which covered Navratri, Diwali Dhanteras, among other celebrations…
For the first time in the history of the Indian jewellery market, silver sales surpassed gold during this Dhanteras season. High gold prices have dampened consumer demand, leading shoppers to turn to silver instead. “Silver sales have shot up 30-35% this year despite prices being 40% higher than last Dhanteras,” Surendra Mehta, national secretary at…
Representative image India’s gold demand in 2024 is likely to fall to its lowest in four years as a rally in prices to a record high is seen denting purchases during the peak festival season in the December quarter, the World Gold Council (WGC) said on Wednesday. Gold demand in the world’s second-biggest consumer of…
Representative image Gold continues to shine despite the record-high prices. The yellow metal prices saw an increase of 24 per cent this year but buying interest is still high amid volatile markets and geopolitical challenges, according to a report by Religare. Buyers however are cautious given the economic backdrop. Gold has long held a special…
Representational image Despite gold prices touching record highs of Rs 79,000 per 10 gm, gold demand uptick is expected to continue this Diwali and till the end of the year due to the wedding season, according to the World Gold CouncilSachin Jain, Regional CEO, India, World Gold Council said, “Buying gold is considered auspicious during…
