Gold demand News

In 2024, Indian gold ETFs saw net inflows of Rs 112 billion, adding 15 tonnes to their holdings, which reached 57.8 tonnes by the end of the year.  

However, silver recovered by Rs 100 to Rs 40,300 per kg on scattered enquiries from industrial units.

In the March 2017 quarter, demand had stood at 131.2 tonne, WGC said in a report.

CPM forecast net gold investment at 20.3 million ounces during 2018, a 6.6 percent rise from its 19.1 million ounces in 2017, and the highest increase since 2016 when it rose 23.9 percent to 26.1 million ounces.

Gold is a major form of saving in rural and small towns of India.

In the national capital, gold of 99.9 and 99.5 percent purity shed Rs 25 each to Rs 29,525 and Rs 29,375 per ten grams respectively.

The precious metal had lost Rs 600 in the previous four sessions.

Silver recovered by Rs 200 to Rs 37,900 per kg on scattered enquiries from industrial units.

Gold prices suffered more losses by falling Rs 200 to trade at Rs 29,750 per 10 grams.

In the national capital, gold of 99.9 percent and 99.5 percent purity dived Rs 300 each to Rs 30,200 and Rs 30,050 per 10 grams, respectively.

In the national capital, gold of 99.9 percent and 99.5 percent purity rebounded by Rs 100 each to Rs 30,550 and Rs 30,400 per ten gram, respectively.

Gold came under pressure from a rising dollar with a fall of Rs 115 to Rs 30,135 per 10 grams on Monday, which was compounded by tepid demand from local jewellers.

Gold surged by Rs 80 to Rs 30,830 per ten gram following uptick in festive season demand.

In the national capital, gold of 99.9 percent and 99.5 percent purity declined by Rs 15 each to Rs 30,750 and Rs 30,600 per ten grams, respectively.

In the national capital, gold of 99.9 percent and 99.5 percent purity advanced by Rs 145 each to Rs 30,765 and Rs 30,615 per ten gram, respectively.

In the national capital, gold of 99.9 percent and 99.5 percent purity bounced back by Rs 75 each to Rs 30,450 and Rs 30,300 per 10 grams, respectively.

In the national capital, gold of 99.9 percent and 99.5 percent purity went down by Rs 225 each to Rs 30,375 and Rs 30,225 per ten grams, respectively.

In the national capital, gold of 99.9 percent and 99.5 percent purity slumped by Rs 250 each to Rs 30,750 and Rs 30,600 per 10 grams, respectively.

In the national capital, gold of 99.9 percent and 99.5 percent purity surged by Rs 220 each to Rs 31,000 and Rs 30,850 per ten grams, respectively.  

In the national capital, gold of 99.9 percent and 99.5 percent purity went up by Rs 80 each to Rs 30,780 and Rs 30,630 per ten gram, respectively.