As the world’s largest gold producer, China plays an outsized role in global gold markets. But in order to fully satisfy domestic demand for jewelry and other forms of gold,…

Gold exchange-traded funds (ETFs) in India reportedly attracted Rs 446 crore (or about $59.43 million) last month, which far exceeded the inflow of Rs 24 crore (or $3.19 million) recorded in August.

India’s gold import saw a 252 per cent rise to $24 billion in April-September period compared to the corresponding period last year with the gradual unlocking of the economy and festive demand picking up.

India imported 91 tonnes of gold in September, compared to 12 tonnes a year earlier as a correction in local prices to the lowest level in nearly six months prompted…

According to a recent YouGov survey, urban Indians intend to spend more during Diwali than they did last year. Looking at gold, 28% mentioned that they would like to spend…

The exchange will take the required internal approvals and apply to markets regulator SEBI for the launch of the new class of security on its platform.

Sebi’s board on Tuesday cleared a proposal for setting up a gold exchange wherein the yellow metal will be traded in the form of electronic gold receipts and the bourse will help in having a transparent domestic spot price discovery mechanism

Exports Recorded at Rs. 24239.81 Cr in August 2021 as compared to Rs. 20793.80 Cr in August 2019; Surpasses Pre-Pandemic Levels

Physical gold demand in top consumer China rose this week as buyers sought cover from the potential fallout of the Evergrande crisis coupled with factors including a seasonal pick-up in activity.

CRISIL report states that after two consecutive years of decline, the revenue of gold jewellery retailers are poised to grow 12-14 per cent year-on-year this fiscal, driven by stable gold prices and recovery in discretionary spending.

According to a survey by the World Gold Council, almost 80% of central bank reserve managers plan to increase their gold holdings over the next year

Termed as the gateway for bullion imports into India, all the bullion imports for domestic consumption shall be channelised through the exchange