Imports made up 86% of India’s gold supply between 2016-2020, continue to grow despite high import duty, highlights World Gold Council Report
The World Gold Council today launched a report titled ‘Bullion Trade in India’, as part of a series of in-depth analysis on the Indian gold market.
A new report by the World Gold Council highlights the role of its members, many of the world’s most forward-thinking gold mining companies, in contributing to socio-economic development in the countries and communities where they operate.
In the third quarter of 2021 demand for gold* fell 7% year-on-year and 13% quarter-on-quarter to 831t, primarily due to outflows from gold-backed exchange-traded funds (gold ETFs), according to the World Gold Council’s latest Gold Demand Trends report.
For every 1% increase in Inflation, gold demand In India increases by 2.6%, highlights World Gold Council Report
The World Gold Council welcomes the ICMM’s Statement on Climate Change and industry Decarbonisation Commitments
The International Council on Mining and Metals (ICMM) recently published a statement setting out its position on climate change and reasserting its commitment to mining industry decarbonisation in line with the goals of the Paris Agreement. The World Gold Council, a member association of the ICMM, welcomes this statement and shares the vision of mining operations accelerating climate actions to reduce greenhouse gas (GHG) emissions.
The World Gold Council today launched a new report “Gold and climate change: Decarbonising investment portfolios”, which looks at gold’s potential impact on the carbon profile of investment portfolios and their alignment with climate targets.
- Jewellery and investment demand expected to continue its post-pandemic recovery in second half of year
- Modest increases expected in central bank buying and in gold supply
The World Gold Council today unveiled a multi-media campaign in partnership with Gem & Jewellery Export Promotion Council (GJEPC) to increase awareness, relevance and adoption of gold jewellery amongst young Indian consumers.
World Gold Council and GJEPC Enter into Strategic Partnership for Generic Gold Jewellery Marketing in India
The World Gold Council and Gem and Jewellery Export Promotion Council (GJEPC) have signed an agreement to promote gold jewellery in India in 2021. Under the terms of the agreement, both partners will jointly fund a multi-media marketing campaign that would aim to increase awareness, relevance and adoption of gold jewellery amongst Indian consumers, especially millennials and gen Z.
The World Gold Council’s sales and research team will host a lively discussion and dive into the key findings from our industry-leading Q2 and H1 2020 Gold Demand Trends report.