Sentences with phrase «gold demand»

Huge physical gold demand — declining prices Do paper ounces actually equal real metal?

A stronger dollar is negative for gold demand as it makes the metal more expensive for holders of other currencies.

Thus it appears Chinese gold demand remains very strong indeed despite the sharp fall in the country's GDP growth over the past year.

This seasonal pattern is one of the most powerful drivers for gold demand.

China and India accounted for 57 percent of global physical gold demand in the first quarter, with China's demand growing 32 percent even in the face of a 25 percent increase in local currency prices.

Conversely, the World Gold Council's Q1 Gold Demand Trends, does.

The World Gold Council (WGC) released a video Wednesday that looks at the third - quarter trends of gold demand on a worldwide scale.

Overall global gold demand fell to its lowest first - quarter level since 2008, driven by a slump in demand for gold bars and exchange - traded funds...

• Global gold demand fell heavily in the March quarter, recording the weakest start to a year in a decade.

Gold demand slumped to its weakest first quarter since the global financial crisis, the World Gold Council said Thursday, as the prospect of rising interest rates led investors to pursue greater returns elsewhere.

MUMBAI / BENGALURU, April 27 - Physical gold demand lacked vigour in most Asian hubs this week amid a slight dip in prices, while the yellow metal switched to a premium in India for the first time in over 1 - 1 / 2 months due to a correction in local rates.

Global gold demand totalled 973.5 tonnes in the January...

With India having imported a phenomenal 525 metric tons in the first half of 2017 alone, Teves writes that «we expect gold demand in India this year to be around historic averages,» which would be very supportive for prices.

Middle East gold demand also appears to have picked up again.

Further the RBI plans to study the impact of scrapping the rule before deciding on the necessity of other measures to curb gold demand.

Australia & New Zealand Banking Group Ltd. is predicting gold demand in Asia to double by 2030.

By: Nadine James 3rd May 2018 Lacklustre investor performance, stemming from investors» decision to embrace a «wait and see» approach in light of geopolitical uncertainty muddying growth and market outlooks, has contributed to soft first - quarter gold demand, the World Gold Council (WGC) reports.

What he is specifically claiming is that an increase in overall Chinese gold demand occurs when someone in China takes delivery of gold from the Shanghai Gold Exchange (SGE).

Why, if gold demand from Asia is so high and with inventories draining from GLD and the Comex, are gold prices soft?

There will be a big «snap - back» effect on India's gold demand after the brief intervention by the Government in late 2016.

According to Shari'ah scholar Mohammad Daud Bakar, moreover, the standard may also open new gold demand to central banks.

LONDON (Reuters)- Gold demand posted its weakest start to the year in a decade, the World Gold Council said on Thursday, as prices of the metal stagnated and the threat of rising interest rates led investors to seek better returns elsewhere.

As per World Gold Council estimation, gold demand increased by 18 % in the first quarter to Rs. 32, 420 crore, which was just Rs 27,540 crore in Q1 2016.

Generally, gold demand rises in the final quarter due to the festivals like Diwali and Dussehra as well as due to the wedding season.

If we compared with the last year, the total gold demand stood for 107.3 tonnes, owing to the jewellers» strike over excise duty introduction.

This trend shows the vigorous gold demand from emerging markets like Asia and also focuses on the increasing interest and accessibility to ETFs in Asian countries.

The 3 percent rise in GST will certainly affect gold demand going forward, as consumers and traders are not yet prepared.

Uncertainty regarding the Indian Union Budget kept gold demand oscillating.

Even a casual glance at the World Gold Council's Gold Demand Trends Report will refute this idea.

World Gold Council's Chief Market Strategist, John Reade, said in his 2018 outlook for gold that, «Over the long run, income growth has been the most important driver of gold demand.

MUMBAI / BENGALURU, April 27 (Reuters)- Physical gold demand lacked vigour in most Asian hubs this week amid a slight dip in prices, while the yellow metal switched to a premium in India for the first time in over 1-1/2 months due to a correction in local rates.

«If China is going to devalue its currency, that's going to be very positive for gold demand in China, the world's largest gold buyer,» he explained.

Gold demand in China was very robust last year.

Last Thursday, Prime Minister Narendra Modi launched three programmes aimed at reducing physical gold demand and luring tonnes of gold from households into the banking system.

Furthermore, given that the global gold demand - supply balance indicates the existence of a small market surplus of less than 200 tonnes at present, the introduction of Islamic investors could dramatically tighten the market, resulting in a hugely bullish outcome for gold prices during the coming years.

Traditionally viewed as a safe - haven asset in times of economic stress, gold demand had surged in the first three months of 2017 amid elevated geopolitical uncertainty.

Meanwhile, gold demand has made its weakest start to a year since 2008, the World Gold Council said on Thursday, with stagnant prices and the threat of rising interest rates leading investors to seek better returns elsewhere.

Gold demand is largely driven by traditional gift giving during cultural festivals, weddings and holidays in many parts of the word, especially China and India.

Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008, according to data released by World Gold Council on Thursday.This was largely caused by a fall in investment demand for gold bars and gold - backed exchange - traded funds (ETFs), as a subdued gold price environment hampered demand.

03 May 2018 - The latest Gold Demand Trends report from the World Gold Council sees Q1 gold demand at its lowest for 10 years due almost entirely to a fall in investment demand in key markets.

The third quarter saw a 21 percent on - year contraction in gold demand to 869 tons, according to the WGC's quarterly Global Demand Trends...

I'll write about the bogus «China gold demand» theory again in the future as it's one of the most persistent false beliefs within the bullish camp, but in this post I'm going to quickly deal with another China - related false belief that periodically shifts to the centre of the bullish stage: the idea that China's government is preparing to back the Yuan with gold.

For the past several trading days, gold demand had also been overshadowed by a hot equities market, with many stocks hitting 52 - week highs.