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Gold Bond Scheme’s New Tranche Opens for Subscription Today

Gold Bond Scheme’s New Tranche Opens for Subscription Today

October 25th 2021
The bonds are considered as a key portfolio diversifier and a hedge against uncertainties in markets, thus making them a good buy.
India Gold Imports Spiraled, Driven by Strong Festive and Export Demand

India Gold Imports Spiraled, Driven by Strong Festive and Export Demand

The gold imports averaged at 72.16 tonnes in April-September ’21.
WGC Focused on Leading Drivers of Indian Gold Demand

WGC Focused on Leading Drivers of Indian Gold Demand

The demand has been driven by various short term factors as well.
Russian Gold Exchange Announced Plans to Boost Gold Trading

Russian Gold Exchange Announced Plans to Boost Gold Trading

The exchange plans to enter into a similar partnership with Shanghai Gold Exchange, which it expects to be finalized possibly by next year.
India Gold Imports Surged Multi-Fold in H1 This Fiscal

India Gold Imports Surged Multi-Fold in H1 This Fiscal

This compares with significantly lower imports of $601.4 million in September 2020.
Barrick’s North American production trending at lower end of guidance

Barrick’s North American production trending at lower end of guidance

Miner Barrick Gold said on Thursday that it remained on track to achieve its 4.4-million- to 4.7-million-ounce production target for the year, with all regions, except for North America, trending at the higher end of their regional guidance.
WGC: Mandatory Hallmarking To Be Positive for Gold Industry

WGC: Mandatory Hallmarking To Be Positive for Gold Industry

According to WGC, the implementation of mandatory hallmarking for gold will turn out to be positive for the country’s gold market.
Gold NBFCs to Witness 20% Surge in AUMs This Fiscal

Gold NBFCs to Witness 20% Surge in AUMs This Fiscal

The overall credit profile of gold-loan NBFCs to remain stable, he added.
WGC:Gold Faced Major Headwinds In September

WGC:Gold Faced Major Headwinds In September

Going forward, the hawkish stance by some central banks is likely to create challenges for gold, it said.
WGC: Gold ETF Outflows Led by North American and European Funds

WGC: Gold ETF Outflows Led by North American and European Funds

The fund holdings in European region had outflows of 11.5 tonnes.
Gold ETFs Posted Net Outflows in September

Gold ETFs Posted Net Outflows in September

The Asian-listed funds ended the September quarter with inflows of 2.4 tonnes.
WGC Welcomed ICMM Statement on Net Zero Carbon Economy

WGC Welcomed ICMM Statement on Net Zero Carbon Economy

WGC agreed to ICMM’s observation that responsible mining will contribute positively towards achievement of UN Sustainable Development Goals.
World Gold Council Highlights Gold’s Crisis Performance

World Gold Council Highlights Gold’s Crisis Performance

Hungary has moved from the middle of the international list to the top third by March this year, by tripling its gold holdings.
India Gold Imports Shoot Up 658% in September

India Gold Imports Shoot Up 658% in September

There has been a revival in retail customer demand, following relaxation in pandemic-induced restrictions.

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