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INSANE: World gold council | Vintage Vibes

How Much Gold Can You Legally Keep at Home in India? What the Law Really Says

Gold in an Indian home is never just gold. It is a mother’s wedding bangles locked away for decades, a chain bought during a good harvest, a pair of earrings gifted quietly by a grandmother “for your future.” Yet the moment news breaks about an income-tax raid or gold seizure,…

Times Life

Elton John says he ‘startled’ doctor with request before kneecap surgery

Singing legend underwent a double knee replacement in 2024

The Independent UK

World Gold Council Proposes Digital Gold Overhaul

The World Gold Council (WGC), alongside law firm Linklaters and Hilltop Walk Consulting, has put forward a plan to overhaul the global gold market through a Wholesale Digital Gold ecosystem. This initiative seeks to improve the ownership, trading, and utilization of gold, aiming to bridge gaps in the current system.

Benzinga

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Three Factors Keeping Gold's Momentum In 2025: Report

Gold can maintain a firm upward trajectory into the second half of 2025, the World Gold Council's mid-year outlook said. With precious metal already up around 26% year-to-date, analysts outline persistent geopolitical risk, sustained central bank demand, and weakening U.S. dollar as key drivers for this thesis.

Benzinga

Gold "shines" during volatile times

The metal is a traditional safe haven in an uncertain economy, experts say

Salon

Informal mining in South Africa is here to stay. Police brutality won’t end it – here’s what will

In mid-January 2025 over 1,000 hunger-weakened miners exited two abandoned mine shafts in Stilfontein, near Johannesburg in South Africa. They had been starved out by the police in Operation Vala Umgodi — meaning “plug the hole” – which had cut off food and water in an effort to “smoke out”…

The Conversation

The developing world wants to use gold to escape the dollar

Emerging countries are often collateral damage to the Fed’s interest rate hikes—and now more of those countries want to insulate themselves from that volatility.

Fortune

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Gold outlook remains plated in mystery

Gold is perceived as a safe-haven asset, a long-term investment and a hedge against uncertainty in the global economy and geopolitics.

Bangkok Post

Local gold demand seen as muted

Gold demand in Thailand is likely to pull back this year after rising 3% in 2022 as consumers are concerned about a global economic slowdown, according to the World Gold Council.

Bangkok Post

Global Central Banks Increase Gold Buying to Highest in 55 Years

Demand for gold worldwide rose 18% last year to 4,741 tons amid soaring inflation and increased geopolitical risk

Caixin Global

Demand for gold soars on “colossal” central bank buying

The price of gold is soaring as demand for the precious metal from both central banks and small investors rockets.

Evening Standard

Gold jewellery demand up 17% in July-September quarter

CHENNAI: Gold jewellery demand in India in the third quarter (July-September) of 2022 went up by 17% at 146.2 tonne as compared to 125.1 tonne registered in the year-ago period.

The Times of India

Gold to see volatility in short term

Gold prices should remain volatile in the short term amid the strengthening US dollar and rising interest rates, but the outlook is positive as investors buy gold to hedge against uncertainties in the global financial market, say the World Gold Council.

Bangkok Post

Inflation, price rise could dent India's gold demand in July-December: World Gold Council

"Inflation is making it difficult for people, especially in rural areas, to save more and allocate to gold," Somasundaram P. R., regional chief executive officer of WGC's Indian operations, said.

The Hindu

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Benzinga

The Gold Price Has Plummeted in a Matter of Days. Now What?

The gold price plummeted back below $1,800 an ounce, apparently oblivious to the signs of economic distress that are appearing. Instead, gold appears hyper-focused on the soaring U.S. Dollar Index, which rose to 107.15 on Thursday.

The Times of India

India ranks 4th in global gold recycling; recycled 75 tonnes in 2021: WGC

MUMBAI: India has emerged as the fourth largest recycler in the world and the country has recycled 75 tonnes in 2021, according to a World Gold Council (WGC) report.

The Times of India

Spiraling inflation may boost gold demand as a hedge: Report

MUMBAI: Despite the World Gold Council's projection of a dip in consumer demand for the precious metal this fiscal on the back of rising prices and record imports last fiscal, a foreign brokerage report has suggested that the demand may rise more than generally projected as households may snap up…

Bangkok Post

Thai gold demand sinks

Consumer demand for gold in Thailand fell 54% year-on-year to 3.8 tonnes in the first quarter, from 8.3 tonnes in the first quarter of 2021, as high prices weighed on sentiment, according to the World Gold Council (WGC).

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The Times of India

Gujarat: 'Jewellery sales top pre-Covid levels in 2021'

AHMEDABAD: Pent-up demand, weddings deferred to 2021 and festive muhurats drove the gold rush last year and how! According to the latest report by World Gold Council (WGC), jewellery sales surged past pre-pandemic levels in 2021 and touched 610.9 metric tonne (MT).

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