Gold demand could drop by 30%: ICC
Industry body Indian Chamber of Commerce (ICC) seeks further relief from the government over the Covid-19 impact on the gem and jewellery sector.
world gold council
April 2020
February 2020
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January 2018
Global gold ETF inflows surge in March quarter
According to the World Gold Council, global gold-backed ETFs added 298 tonnes during January-March 2020, the highest quarterly addition since 2016.
Gold prices touch seven-year high
While the yellow metal’s safe haven appeal has been on the rise, prices could retreat once fears around Coronavirus start fading.
‘Price volatility, taxes may deter Indian consumers’
Financial and geopolitical uncertainty along with low interest rates worldwide, however, will boost demand for gold, says WGC report.
Bitcoin glitters, but is it gold?
In its latest investment note, World Gold Council says gold is better than Bitcoin because it is much less volatile and has a more liquid market.
