by AIP Online Bureau | Jan 31, 2023 | Data, Eco/Invest/Demography
India’s fourth quarter gold demand in value was down 15 per cent at Rs 125,910 crore in comparison to Rs 148,780 crore in the same period of previous year India’s overall gold demand remained resilient and witnessed a marginal decline of 2.92 per cent in...
by AIP Online Bureau | Nov 1, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The drop could bring down India’s total gold consumption in 2022 to around 750 tonnes, down 6% from last year’s 797.3 tonnes, he said India’s demand for gold rose 14% from a year ago to 191.7 tonnes in the quarter through September as festivals drove...
by AIP Online Bureau | Oct 18, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Indians bought a record 344 tons of gold over the period, and sales are unlikely to match that this year, PR Somasundaram, regional chief executive officer at the London-based organization, told Bloomberg Television in an interview on Tuesday India’s gold sales during...
by AIP Online Bureau | Aug 31, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Inflation has hit multi-decade highs in many parts of the world, forcing central banks to tighten monetary policy. Gold is highly sensitive to rising U.S. interest rates, which increase the opportunity cost of holding non-yielding bullion Gold prices fell on Wednesday...
by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
India is the world’s second-biggest gold consumer after China. The imports are largely driven by the jewellery industry. The gems and jewellery exports during 2021-22 grew by about 50 per cent to about USD 39 billion India’s gold imports, which have a...
