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Showing posts with the label WGC-India

23% surged gold value, pushed down gold volume 16%

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  Investment demand grew impressively 20% & increase in value 74%   Recently the World Gold Council [WGC] released, India Gold Demand Data for the Q3 2025. In the context, Sachin Jain, Regional CEO, India, World Gold Council said, India's gold market in Q3 2025 showcased its inherent resilience and the significant impact of evolving price dynamics.    While total gold value surged impressively by 23% to Rs. 2,03,240 crores, gold demand volumes saw a  16% decline to 209.4 tonnes. This robust growth in value, driven by high average prices, strongly reaffirms gold's enduring appeal as a safe-haven asset. Investment demand, showed remarkable strength, increasing 20% in volume to 91.6 tonnes and a significant 74% in value to Rs. 88,970 crores.    This highlights a deepening strategic commitment among Indian consumers to gold as a long-term store of value. While jewellery demand saw a 31% volume decrease to 117.7 tonnes, its value remained largely stab...

In-depth analysis on the Indian gold market by WGC

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The drivers of Indian gold demand  report released the first in a series!                                For every 1% increase in Inflation, gold demand In India increases by 2.6%,                                        highlights World Gold Council (WGC) Report   The World Gold Council today launched a report titled ‘The drivers of Indian gold demand’, the first in a series of in-depth analysis on the Indian gold market. Using an econometric model, it draws on three decades of annual data, dating from 1990 to 2020, to gauge some of the principal influences driving gold demand in India.   The report assesses gold demand from a range of perspectives, both quantitative and qualitative. It considers the findings of a comprehensive analysis of the long- and short-run determinants of Indian go...

Jewellery demand India fell by 48% in 3Q

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Investment demand for gold bars and coins by 51%   WGC India announces India Gold Demand Statistics for Q3 2020 (July - September). Speaking about India Gold Demand Statistics for Q3 2020, Somasundaram PR, Managing Director, India, World Gold Council said, India’s Q3 2020 gold demand fell by 30% to 86.6 tonnes on the back of Covid related disruptions, bleak consumer sentiment and high prices accompanied by volatility.   This is, however, higher than Q2 which at 64 tonnes was a 70% drop and the second lowest in our quarterly series. This has been partially due to easing of lock down and some low prices in August that provided a small window of buying opportunities for the discerning.   Q3 tends to be relatively low generally due to seasonal factors like monsoons and inauspicious periods like Pitru-Paksh and Adhik Maas. Jewellery demand fell by 48% to 52.8 tonnes as jewellery purchases did not have any support of festivals or weddings. On the other hand, gold’s safe h...