By PIA CHAUHAN
Nearly a quarterof central banks are looking toincrease gold reserves this year, spurred on by geopolitical worries, interest rate concerns and rising inflation pressures.
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Gold Consumption Highest Among Indian Middle-Income Group
Weddings were the primary reason for buying gold, with 43 per cent of the Indian households surveyed buying the yellow metal for this purpose.
सोने की मांग में इस साल कमी | Neal Bhai Reports
भारत में दिवाली सोना खरीदना शुभ माना जाता है। लेकिन कोरोना संकट के चलते मांग में कमी आई है। विश्व स्वर्ण परिषद (WGC ) ने कहा है कि भारत में जारी कोविड से संबंधित व्यवधानों के बाद इस साल सोने की मांग कम रहने की संभावना है। लेकिन अगले साल मांग में एक बार फिर तेजी दर्ज की जा सकती है।
Financial-Markets, Monetary-Policies, Dollar Levels to Decide Gold Demand: WGC
Since gold is considered a safe haven, during choppy markets, the demand for gold improves, normally. Emerging markets, led by India and China–the biggest consuming markets–make up 70% of consumer demand for the metal.
India Gold Demand to Revive as Government Supports Farmers: WGC
Gold Silver Reports (GSR) – Investment gold demand fell 9 percent in the first half of 2018 from a year ago to 71.6 tonnes as the stock market was giving better returns than bullion, WGC said.
GST Could Dampen India Gold Demand in Short Term – WGC
Gold Silver Reports — A hike in taxes on gold sales in India could pressure short-term demand from the world’s No.2 consumer of the metal, the World Gold Council (WGC) said in a report.
