Browsing: World Gold Council

The global digital gold market, currently valued at US$45–55 billion, could unlock up to US$700 billion in latent demand. A new World Gold Council and Boston Consulting Group report highlights growing investor interest, the rise of tokenised gold and the opportunities for expanding gold ownership.

India’s gold demand strengthened in Q3 2026, rising 24% quarter-on-quarter to 162 tonnes as jewellery purchases recovered and investment demand remained resilient. However, elevated gold prices continued to constrain volumes, while higher import duties contributed to a shift in supply towards unofficial channels. The World Gold Council’s latest India Focus report examines jewellery consumption, investment trends, gold ETFs, digital gold, recycling, consumer sentiment and the outlook for the festive and wedding season.

Sachin Jain, Regional CEO – India at the World Gold Council, participated in the NDTV World Summit 2026, highlighting gold’s importance as a strategic financial asset and its growing relevance in global capital flows, wealth management and the evolving financial system.

India’s gold market is showing early signs of seasonal strength in October 2026. The World Gold Council reports improving festive and wedding demand, strong listed jeweller revenue growth, higher gold ETF inflows and firm digital gold purchases despite elevated gold prices.

DJGF 2026 brought together India’s jewellery trade ecosystem in New Delhi, highlighting export growth, domestic gold mining, lightweight jewellery and global opportunities.

IAGES celebrates its first anniversary with 140+ accredited partners across 750+ stores in 235+ cities, reinforcing trust, transparency, accountability and ethical practices across India’s gold ecosystem.

The World Gold Council has launched Swarnim Udaan 2047, a comprehensive vision document designed to unlock the full potential of India’s gold ecosystem. Developed with Monitor Deloitte, the report outlines strategic recommendations to strengthen mining, jewellery exports, financialisation, innovation, and advanced manufacturing as India progresses towards becoming a US$30 trillion economy by 2047.

India’s gold market showed mixed demand trends as falling gold prices boosted jewellery purchases and ETF inflows, while bar and coin demand weakened. Domestic supply remained ample, imports declined, and retailers reported strong quarterly growth despite subdued overall consumer sentiment.

India’s gold market is adjusting to a record import duty increase after the government raised gold import duty from 6% to 15% in May 2026. According to the World Gold Council, the move has widened domestic discounts, influenced ETF flows, increased smuggling incentives, and is expected to moderate gold demand during 2026.

Bharat Diamond Bourse, in collaboration with GIA Alumni Mumbai, hosted a Leadership Series session featuring global industry leaders who shared insights on international diamond demand, gold market growth, and future industry trends.