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Gold investment demand grows: WGC

Financial Express Kochi

|

May 01, 2025

RECENT RALLY REINFORCES SAFE-HAVEN APPEAL

- RAJESH BHAYANI

RECORD-HIGH GOLD PRICES have dented the demand for jewellery globally as well as in India. However, a significant increase has been noticed in the investment demand across products (bars, ETFs, etc.), the World Gold Council said in its Gold Demand Trend report for the March quarter.

Globally, gold prices have been ruling at around $3,300 per ounce after touching the near-$3,500 level. In India, prices are hovering around ₹95,000 per 10 gram.

Total demand for gold in India for the quarter under review stood at 118.1 tonne, down 15% from 139 tonne in the year-ago period. Jewellery demand declined 25% to 71.4 tonne while the investment demand grew 7% year-on-year to 46.7 tonne. Total assets under management (AUMs) of gold ETFs hit the highest-ever level of 64.5 tonne, said the report. For past several years, AUMs were in the range of 45-50 tonne.

Financial Express Kochi से और कहानियाँ

Financial Express Kochi

PM inaugurates Skyroot's orbital rocket in Hyderabad

PRIME MINISTER NARENDRA Modi on Thursday unveiled space startup Skyroot's first orbital rocket and praised Gen Z professionals for creating new technologies.

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1 min

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Financial Express Kochi

Govt pushes green farm tools to boost food output by ’47

THE GOVERNMENT WILL prioritise green fuel-based farm machinery and enhance access to mechanisation for small and marginal farmers as part of India's vision to become a global food basket by 2047, Agriculture Secretary Devesh Chaturvedi said on Thursday.

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1 min

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Financial Express Kochi

Cyclone Ditwah moves toward TN & Andhra

THE INDIA METEOROLOGICAL Department (IMD) Thursday afternoon said that cyclone Ditwah had developed in the southwest Bay of Bengal.

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1 mins

November 28, 2025

Financial Express Kochi

TCS signs deal with SAP to drive cloud, Gen AI reboot

FIVE-YEAR CONTRACT BUILDS ON PARTNERSHIP OF OVER 2 DECADES

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2 mins

November 28, 2025

Financial Express Kochi

Airtel likely to dial up capex by 56% in FY27

Broadband & 5G network upgrade, data centre push key capex drivers

time to read

1 mins

November 28, 2025

Financial Express Kochi

Unified portal soon to help retrieve unclaimed assets

THE FINANCE MINISTRY is working with the Reserve Bank to develop a unified portal to enable savers and retail investors to claim all unclaimed assets across asset classes such as bank deposits, pension fund, shares, and dividends, Department of Financial Services Secretary M Nagaraju said on Thursday.

time to read

1 min

November 28, 2025

Financial Express Kochi

NBBL targets one billion monthly transactions

NPCI BHARAT BILLPAY'S (NBBL) platform aims to process 1 billion transaction per month over the next three years, said Noopur Chaturvedi, MD & CEO of NBBL, a wholly owned subsidiary of the National Payments Corporation of India.

time to read

1 min

November 28, 2025

Financial Express Kochi

Meesho to raise up to ₹5,400 crore through IPO

INDIAN E-COMMERCE PLATFORM Meesho will raise up to %5,400 crore through an initial public offering that will open on December 3, sources said.

time to read

1 min

November 28, 2025

Financial Express Kochi

Benchmarks touch lifetime highs

ACCORDING TO Aashish P Sommaiyaa, ED & CEO of WhiteOak Capital AMC, while domestic flows are sustainable, FPI outflows are abating and there are early signs of change.

time to read

1 mins

November 28, 2025

Financial Express Kochi

Private telcos flag gaps in DPDP Rules

THE CELLULAR OPERATORS Association of India (COAI), which represents the three private telcos in the country, has said that several areas in the Digital Personal Data Protection (DPDP) Rules, 2025 require clearer articulation to support smoother and industry-aligned compliance.

time to read

1 min

November 28, 2025

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