World Gold Council Report Current Affairs, GK & News
World Gold Council Report
The World Gold Council its latest report highlights the quantum of gold holding by the different countries. The findings of the report are: India has the 11th largest gold reserve and the current holding pegged at 607 tonnes. India’s would have been at the tenth position had the list included only countries. International Monetary ..
..Read MoreIndia: Fourth in Global Gold Recycling
According to a report by World Gold Council (WGC), India has become the fourth largest gold recycler worldwide. In 2021, it has recycled 75 tonnes of gold. About Gold refining and recycling report The Gold refining and recycling report was published by WGC recently. In the report, China was ranked first in global gold recycling ..
Month: Current Affairs - June, 2022
Category: Reports & Indexes Current Affairs
Topics: World Gold Council Report
Mandatory Hallmarking of Gold Jewellery
Government will implement mandatory hallmarking of gold jewellery and artefacts from June 15, 2021. Highlights Earlier this deadline was June 1, which was extended by a fortnight because of Covid-19 pandemic. To ensure proper coordination and resolve issues while implementation, a committee headed by Bureau of Indian Standards (BIS) Director-General Pramod Tewari has been established. ..
Month: Current Affairs - June, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: Gold as an investment • Gold Hallmarking Scheme • Hallmark • Mandatory Hallmarking • World Gold Council Report
World Gold Council Report: 37% of Indian Women never bought gold
On May 27, 2020, the World Gold Council released its report on Retail Gold Insights: India Jewellery Report. According to the report, around 37% of Indian women never bought jewellery. Highlights The report says that gold jewellery was the second most popular item among “Fashion and Lifestyle” shoppers next to clothes and silk sarees. Around ..
Month: Current Affairs - May, 2020
Category: Reports & Indexes Current Affairs
Topics: Gold • Gold Reserves • rural areas • Urban Services • world gold council • World Gold Council Report
World Gold Council report: RBI ranks 6th in buying gold abroad
The World Gold Council (WGC) recently released its report, “World Gold Outlook 2020”. The report says that gold has performed the best since 2010 in 2019. In 2019, the gold trade in USD has increased by 18.4% as compared to 2010. Highlights: India According to the WGC, RBI (Reserve Bank of India) currently holds 625.2 ..
Month: Current Affairs - January, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: Exchange traded fund • Gold • Gold Reserves • world gold council • World Gold Council Report