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Showing posts with the label gold-market India

India’s Q2 gold demand surge by 30% YoY

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  Gold investment volume up 7% & value grew 54%    Recently, World Gold Council published India’s Gold Demand Statistics for Q2 2025- for the period of April 2025 to June 2025. At the point, Sachin Jain, Regional CEO, India, World Gold Council said, "As we reflect on the performance of India’s gold market in Q2 2025, it is evident that we are witnessing a pivotal moment in consumer behaviour.    Despite a 10% decline in physical gold demand volumes to 134.9 tonnes compared to 149.7 tonnes last year, the value of this demand has surged by an impressive 30%. This mirrors the rising price of gold, with the average quarterly global price per ounce reaching US$ 3,280.4 and the domestic price per 10 grams touching INR 90,306.8—clear indicators of gold’s enduring appeal as a safe-haven asset.    On the investment front, we are encouraged to see a 7% increase in demand volumes, reaching 46.1 tonnes, and  a remarkable 54% growth in value to Rs. 41,650 ...

Gold stands firm near record-high all time high!

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  The Bullion Market witnesses all time high price in Gold   Recently, the gold & jewellery market witnessed all time high price in Gold. In the row, Rajesh Rokde, Chairman - All India Gem and Jewellery Domestic Council (GJC) said, “The all-time high price for gold was nearly $2,000 per ounce in 2011. However, if we adjust for inflation, the highest price of gold was actually $2,845.81 per ounce, which is the current price as of February 5, 2025.   To give you a better idea, here are some key milestones in gold prices, 1: 2025: $2,845.81 per ounce (as of February 5, 2025), 2: 2011: nearly $2,000 per ounce & 3: 1980: $850 per ounce (not adjusted for inflation).   Keep in mind that gold prices can fluctuate rapidly due to various market and economic factors. If you're interested in investing in gold or tracking its price, I recommend checking reliable sources like Macro trends for the latest updates."   Avinash Gupta, Vice Chairman – GJC sa...