World Gold Council Archives

June 19, 2026 12:40 PM

Gold imports fall 39% in May after import duty hike, says WGC

India's gold imports fell sharply in May after the government raised import duty on the precious metal from 6 per cent to 15 per cent in mid-May, according to a report by the World Gold Council (WGC). Gold imports declined 39 per cent month-on-month...

April 29, 2026 1:22 PM

India’s gold investment demand tops jewellery for first time ever in March quarter

India's investment demand for gold surpassed jewellery consumption for the first time on record in the March quarter, as investors turned to the precious metal amid subdued equity market returns, the World Gold Council (WGC) said on Wednesday. Stron...

July 31, 2025 2:04 PM

India’s gold demand to hit 5-year low as record prices dent jewellery sales, WGC says

India's gold consumption in 2025 is set to fall to a five-year low, as record-high prices are denting jewellery purchases, overshadowing a slight boost in investment demand, the World Gold Council said on Thursday. Gold demand in the world's se...

February 10, 2025 6:33 PM

Gold prices surge to record high of ₹87,210 per 10g amid global economic uncertainty

Gold prices in India surged to an all-time high on Monday, with 10 grams of 24K gold reaching ₹87,210, while 1 gram was priced at ₹8,721. The steady rise in prices reflects increasing investor interest in the precious metal as global economic unc...

February 5, 2025 8:50 PM

India’s gold investments surge 60% to Rs 1.5 lakh crore in 2024: report

Gold investments in India surged by 60% in 2024, reaching $18 billion (approximately Rs 1.5 lakh crore), compared to 2023, according to a report on Wednesday. The World Gold Council (WGC) report added that gold investment demand stood at 239 tonnes,...

August 3, 2024 1:05 PM

Global gold demand drops 6 pc in Q2 2024 due to slump in jewellery consumption, OTC investment pushes total to record high

Global gold demand in Q2 2024, excluding over-the-counter (OTC) transactions declined by 6 per cent year-on-year to 929 tonnes, primarily due to a sharp fall in jewellery consumption according to the latest report of World Gold Council. However, wh...

April 30, 2024 5:56 PM

Global gold demand stays strong, supporting record-high prices

The allure of gold remains unwavering as global demand for the precious metal surged 3% year-on-year to 1,238 tonnes in the first quarter of 2024, according to the World Gold Council's latest Gold Demand Trends report. This marks the strongest first-...

October 31, 2023 4:18 PM

Gold demand loses lustre in peak festive season as prices rally

Gold prices near record highs could dampen demand in India during the peak festival season and lead to the lowest purchase volumes in three years, the World Gold Council (WGC) said on Tuesday. India is the world's second-largest gold consumer, and a...