Gold

Global gold demand rises 4% in Q2 2024, reported by World Gold Council

by
Global gold demand rises 4% in Q2 2024, reported by World Gold Council

The World Gold Council (WGC) reported a 4% year-on-year increase in global gold demand for Q2 2024, reaching 1,258 tonnes, the highest for a second quarter in their data series.  This surge was primarily fueled by:   Robust over-the-counter (OTC) transactions: OTC demand saw a significant increase of 53%, reaching 329 tonnes, countering the impact Read more: Global gold demand rises 4% in Q2 2024, reported by World Gold Council..

RBI’s Overseas Gold Reserves dropped to 47% as of Mar 2024

by
RBI’s Overseas Gold Reserves dropped t

RBI’s overseas gold reserves (Gold Parked Overseas) are dropped to 47%. As of March 2024, the share of gold held overseas fell to 47%, the lowest since 2017. This reflects a growing trend of central banks sending back their gold reserves. Moving from overseas vaults back to their own countries. In the case of the Read more: RBI’s Overseas Gold Reserves dropped to 47% as of Mar 2024..

Gold Rate in India – Gold Price In India Today

by
Gold Rate in India

Gold Rate in India: Today on July 08, 2024 The Gold Rate in India today, 08 July’ 2024, varies depending on the purity (karat) and weight: 24 Carat Gold Rate in India Today: 1 gram: ₹7,380 (approx.) 10 grams: ₹73,800 (approx.) 22 Carat Gold Rate in India Today: 1 gram: ₹6,765 (approx.) 10 grams: ₹67,650 Read more: Gold Rate in India – Gold Price In India Today..