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Wgc Managing Director India Somasundaram P R

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  News for Wgc Managing Director India Somasundaram P R

  • Business

Record gold prices pare India's gold demand by 9 pc

India's gold demand fell nine per cent to 690.4 tonnes in 2019 from the previous calendar year as record domestic prices and economic slowdown dented retail purchase, the World Gold Council (WGC)......

Code of conduct soon for jewellers

Confidence had ebbed in the last few years due to default by some errant domestic retailers and exporters. Moreover, many jewellers are believed to have diverted the fund collected through monthly......

India's gold demand falls 32% in Q3 on high prices, economic slowdown: WGC

In domestic market, gold prices had peaked to Rs 39,011 per 10 grams in September and are now ruling at Rs 38,800 per 10 gram. Illustration: Dominic Xavier/Rediff.com India's gold demand slumped......

Demand for gold, imports nosedive to 3-year low

This is good news for the central government at a time when crude oil prices are rising. This September quarter is seen as one of the worst for jewellers in many years, as an increase in import......

Customers hope for windfall, put off selling old gold

Forecasts of a further rise in bullion prices keep Indians away from selling gold. After a buoyant June quarter, Indian consumers are now staying away from fresh sale of old or used gold and......

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