World Gold Council Report Current Affairs, GK & News

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. ..

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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 ..

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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 ..

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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 ..

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