Gold demand falls 5% in Q2 CY24; import duty cut to spur growth in Q3
The 9% reduction in import duty on gold is expected to revive demand in the July-September quarter,” says Sachin Jain, Regional CEO, India, World Gold Council.
world gold council
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Gold among top performing assets in H1 2024, outpaces EM stocks
Gold is up 12% y-t-d and has been trading above US$2,300/oz for most of Q2 2024
What’s Behind Gold’s New Peak?
Central banks shore up gold reserves to prepare for turbulent times, pushing up prices across the globe. The trend is here to stay.
Global economic VUCA fuels gold demand
Total global gold demand for Q1 2024 was up 3% year-on-year to 1,238 tonne, marking the strongest first quarter since 2016
How Elections Impact Gold Buying
Data shows that gold consumption fell during three of the last four general election phases with a decline in demand for gold jewellery, bar, and coin
Gold vs digital gold: The great dichotomy
It is perplexing that gold ETFs are losing sheen even when physical gold prices are skyrocketing.
Indians ‘spend’ less but ‘invest’ more in Gold
Demand for gold jewellery reduced due to spike in price but sovereign gold bonds December-tranche attracted record subscriptions
Gold demand down 3% in 2023, singed by high prices
Jewellery demand fell 6% to 562.3 tonnes from 600.6 tonnes a year ago, investment demand increased by 7% from 173.6 tonnes in 2022 to 185.2 tonnes in 2023
Global Risks Bode Well For Gold
Rise in income levels and economic uncertainties to aid consumption of yellow metal.
Gold returns outshine equities but investors flock to…
Between the end of December 2019 and December 14, 2023, Nifty50 returns are 74%, while the return on gold is 82%
