Discounts widen in India, jewellers hold off on fresh purchases Activity quiet in China, premiums narrow to $5-$6.50/oz Singapore premiums ease slightly to $0.50-$0.60/oz Demand for physical gold was lacklustre in major Asian hubs this week as high prices dented bullion’s appeal going into the holiday season, with buying interest in second biggest consumer India […]

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Global demand for gold jewellery during the quarter ended September 30, 2018 rose by 6% year-on-year driven largely by stronger demand from price-sensitive consumers, and growth in key markets India and China, the World Gold Council has said. Releasing its quarterly publication, Gold Demand Trends, the WGC reported that gold jewellery demand rose from 505.8 […]

The post WGC: Global Gold Jewellery Demand Rises 6% in Q3, India Registers 10% Rise appeared first on The Jewelry Magazine.