WGC

World Gold Council to Release Blueprint on Spot Exchanges to Govt. & Concerned Stakeholders: Somasundaram PR

Highlighting that demand for gold is likely to remain subdued in the current calendar year, Mr Somasundarm said that while the demand for gold in the first half was seven per cent down compared to last year, the WGC expects it to pick up in the second half. “But it will still be another very subdued year for demand, we expect the demand to be 700-800 tonnes.”