Gold

India's Gold Demand Falls 29 Percent In Q1; Price Upturn Likely In Future

India's gold demand slumped 29 percent in the year's first quarter, falling far behind China which is now the world's leading bullion market, the World Gold Council said Thursday. As per the organization's report, the country's gold consumption in volume declined to 207.6 tonnes in the first quarter, as compared to that of 291.8 tonnes at the same period the previous year. India's gold jewellery market reported a drop at 19 percent to 152 tonnes, while investment demand dipped 46 percent down...

May 17, 2012

Jewellers Pin Hopes on Akshaya Tritiya: Soaring Gold Prices Not To Affect Business, Traders Feel

The jewellers and traders across India had geared up for the Akshaya Tritiya as the people are expected to throng the gold shops in large numbers on Tuesday for the purchase.

Apr 23, 2012

india-gold-etf-demand-likely-to-explode-wgc

India Gold Jewelers Back in Business, Ends 20-Day Nationwide Strike

Gold demand in India remained low after the country's gold bullion traders and jewelers ended their 20-day nationwide strike on Friday, but the gold entrepreneurs remained confident consumer interest on the precious safe haven yellow metal will pick up as the annual wedding season in the country begins.

Apr 10, 2012