Google on Tuesday announced a set of partnerships and new product updates aimed at expanding the use of artificial intelligence in education across India. The announcements were made at the company's AI for Learning Forum held in New Delhi. The initiatives include a collaboration with the Ministry
Piramal Pharma Ltd on January 29 reported wider loss for the December quarter, hit by a combination of inventory destocking, weak early‑stage CDMO orders and regulatory delays in its hospital generics portfolio. The drugmaker posted a consolidated net loss of Rs 136
Xiaomi has launched the Redmi Note 15 Pro 5G series in the Indian market on Thursday. The new lineup includes two models, the Redmi Note 15 Pro 5G and the Redmi Note 15 Pro+ 5G. These devices will go on sale from 4 February 2026 through mi.com, Amazon India, and authorised retail outlets
Bangladesh clears its shooting team for India days after boycotting the T20 World Cup, raising questions over its security stance. Bangladesh's stance on India-bound sporting events has taken another sharp turn ahead of the T20 World Cup 2026
The attorney general of Texas in the United States on Wednesday announced an investigation into instances of abuse of the H-1B visa programme in the state. As part of the investigation, Attorney General Ken Paxton issued Civil Investigative Demands to three north Texan companies suspected of
Record high prices pull India gold demand down 11 pc in 2025: WGC
Record high prices pull India gold demand down 11 pc in 2025: WGC
Mumbai, Jan 29 (PTI) India's gold demand declined by 11 pc in 2025 and is expected to be around 700 tonnes this year, weighed down by record-high prices and changing consumer buying patterns, the World Gold Council (WGC) said in a report on Thursday.
Overall gold demand in India fell 11 per cent to 710.9 tonnes in 2025 and is expected to be between 600 and 700 tonnes in 2026, according to the WGC's Full-Year 2025 Gold Demand Trends report.
In 2024, the overall gold demand stood at 802.8 tonnes.
However, in value terms, skyrocketing prices boosted demand by 30 per cent to Rs 7,51,490 crores, compared to Rs 5,75,930 crores in the previous year.
“India's gold market in Q4 2025 clearly reflected the dual impact of record-high prices and shifting consumer behaviour. Total gold demand for the quarter stood at 241.3 tonnes, marking a 9 per cent decline compared to Q4 2024.
“However, this moderation in volume was more than offset by a sharp rise in value, with overall gold demand increasing 49 per cent year-on-year to approx. Rs 303,470 crores," WGC Regional CEO, India, Sachin Jain told PTI.
The average gold price on January 1, 2025, rose by 67 per cent to Rs 1,01,572 per 10 grams in 2025, compared to Rs 70,754 in January 2024.
Demand for gold in India for the October-December quarter declined by 9 per cent at 241.3 tonnes as compared to 265.8 tonnes in the corresponding period of the previous year.
However, demand value surged by 49 per cent to Rs 3,03,470 crores from Rs 2,03,070 crores in the same period of 2024.
Total Jewellery demand in India for the whole of 2025 decreased by 24 per cent to 430.5 tonnes compared to 563.4 tonnes in 2024.
The value of jewellery demand increased by 12 per cent at Rs 4,54,390 crore, compared to Rs 4,04,510 crore recorded in 2024.
“Despite the wedding season, jewellery volumes dropped by 23 per cent to 145.3 tonnes as record-high prices and affordability pressures weighed on consumption. This volume-value divergence mirrors 2025's exceptional price rally, with gold delivering over 60 per cent returns and 53 all-time highs," Jain said.
In contrast, investment demand emerged as a clear bright spot during the quarter. Total investment demand rose 26 per cent year-on-year to 96 tonnes, while its value more than doubled to Rs 120,700 crore, up 108 per cent compared to the fourth quarter (Q4) 2024, he said.
“This strong performance highlights a growing strategic commitment among Indian investors to gold as a long-term portfolio hedge," added Jain.
On the supply side, gold imports during Q4 2025 stood at 215.1 tonnes, marginally lower by 5 per cent compared to the same period last year.
Gold imports, which are usually in line with demand, dipped 17 per cent to 663.7 tonnes in 2025, as compared to 801 tonnes in the previous year, he said.
Recycling activity declined more sharply, down 27 per cent to 21.7 tonnes, suggesting that consumers are choosing to retain their gold holdings despite record prices, Jain said, adding that this behaviour further reinforces gold's role as a trusted store of wealth, especially during periods of economic and market uncertainty.
“Overall, 2025 demand in volume terms was just lower by 11 per cent to 710.9 tonnes, but in contrast, value-wise the demand was up by a massive 30 per cent to Rs 7,51,490 crores in comparison to 2024," he stated.
Meanwhile, according to WGC data, the Reserve Bank of India (RBI) added 4 tonnes of gold to its reserves compared to 73 tonnes in 2024.
Looking ahead to 2026, he said WGC expects Indian gold demand to be around 600-700 tonnes as gold is well positioned to continue benefiting from persistent global uncertainties, a potentially softer interest rate environment, and sustained diversification efforts by global central banks.
“At the same time, we expect investment demand to remain robust, driven by increasing awareness of gold's portfolio benefits and a growing appetite for ETFs and digital gold as reliable hedges against volatility," he added. PTI SM DRR
Source: News18
Related Posts: The politician whose death leaves a vacuum in India's richest state BMW X3 30 XDrive M Sport Pro India launch Today Gold, Silver Rate January 29 Doctor Breaks Down The Truth About Viral Body Detox And Cleansing Trends BCCI Told Sack Gautam Gambhir If India Fail To Win T20 World Cup And Appoint… US-India Defence Partnership Takes Centre Stage As Congressional Delegation Visits New Delhi India on board reform express BJP Attacks TMC Govt After High Court Fixes Timeline For Indo-Bangladesh Border Fencing Land Handover Leaders demand probe into Ajit Pawar’s death in plane crash Bessent says disappointed by EU-India deal
New Delhi, Jan 29 (PTI) Ongoing negotiations for a trade agreement with the US are expected to conclude during the year, a development that could help reduce uncertainty on the external front, according to Economic Survey 2025-26. For India, it said
1 minutes ago
As generative AI shifts from experimentation to practical enterprise use, The Economic Times' ET Gen AI Hackathon, stands as a nationwide collaborative platform for industry to interact directly with AI developers prepared for implementation. Created to highlight concepts, skills
1 minutes ago
The visit is expected to centre on trade, investment, and wider cooperation, with an opportunity to strengthen economic ties and rebuild political trust. British Prime Minister Keir Starmer has begun a three-day visit to China, marking the first such trip by a UK leader in eight years
1 minutes ago
U.S. President Donald Trump has said that “a massive armada” is heading towards Iran and is ready to “fulfil its mission”, adding that time is running out for the Islamic Republic to make a deal on its nuclear programme. In response, Tehran said that if attacked
1 minutes ago
Kantara row: The FIR has been registered under sections 196, 299, and 302 of Bharatiya Nyaya Sanhita (BNS). Bengaluru: In a fresh row of legal troubles for Bollywood actor Ranveer Singh, an FIR has filed against him in Bengaluru in connection with his mimicry of actor Rishab Shetty's character from
1 minutes ago
Yuvraj Singh, while on a podcast with Sania Mirza, spoke openly about the reason behind ending his cricket career. He also talked about mentoring Abhishek Sharma. The former India all-rounder, during a chat on Serving it Up with Sania, said his decision to retire was not sudden
1 minutes ago
Software major Infosys' off-campus recruitment drive for full stack developers at mouth-watering salaries comes to an end tomorrow. The drive targets graduates with one-year of experience and solid skills and talent. The company is offering trainee specialist programmers salaries of Rs 21 lakh and
1 minutes ago
Economic Survey 2025-26: Finance Minister Nirmala Sitharaman has tabled the Economic Survey 2025-26 in the Parliament today, January 29. The Economic Survey offers an assessment of the country's economy, macroeconomic performance and outlines the government's view on growth prospects
1 minutes ago
Bangladesh shooters are set to travel to India for the upcoming Asian Rifle and Pistol Championships in New Delhi. The shooters have been allowed to travel days after the Bangladesh government refused to send their men's national cricket team to India for the upcoming T20 World Cup
1 minutes ago
Artificial Intelligence (AI) is changing daily life in simple but powerful ways. One new tool getting attention is Clawdbot. Unlike regular bots, Clawdbot can read and reply to emails, manage files and even place orders for food and groceries. Recently
1 minutes ago
Google launched a new artificial intelligence-powered photo editing feature in India, allowing users to edit images in Google Photos by simply describing the changes they want. Google on Wednesday launched a new artificial intelligence-powered photo editing feature in India
1 minutes ago
It is a massive day at the Australian Open 2026 today. On Thursday, 29 January, both the Women's Singles semi-finals will be held. World no. 1 Aryna Sabalenka will play against Elina Svitolina, ranked 12, to seal her 4th consecutive spot in the Australian Open final
1 minutes ago
United Kingdom and its allies, including France and Canada, on Wednesday (January 28, 2026) strongly condemned the demolition last week by Israeli authorities of the U.N. Palestinian refugee agency's (UNRWA) East Jerusalem compound. The group
1 minutes ago
A Bangladeshi shooting delegation will travel to India for the Asian Air Gun Championship. Shooter Robiul Islam and coach Sharmin Aktar are part of the team. The interim government has granted permission for their travel. This follows a previous denial of permission for the cricket team to tour
1 minutes ago
U.S. President Donald Trump and Senate Democrat Chuck Schumer are working toward a deal to negotiate new restrictions on federal immigration agents, a move that could avert a partial government shutdown this weekend, the New York Times reported. U.S
1 minutes ago
Xiaomi sub-brand Redmi is gearing up to launch the Redmi Note 15 Pro 5G and Redmi Note 15 Pro+ 5G in India today. The new smartphones, which have already debuted in select global markets, will be available for purchase via Amazon India following the launch
1 minutes ago
Orry-Sara Ali Khan Feud: Orry in a reel mentioned '3 worst names' referring to Sara, Amrita, and Palak Tiwari, allegedly. New Delhi: Orry aka Orhan Awtramani's recent fallout with once-close friend Sara Ali Khan has been making headlines for days. Recently
1 minutes ago
Maharashtra Deputy Chief Minister Ajit Pawar died in a plane crash on January 28. His mortal remains were brought to his ancestral village, Katewadi, for his last rites. Funeral preparations are underway in Baramati. Pawar was a prominent political leader and the longest-serving Deputy Chief
1 minutes ago
The Delhi High Court on Thursday (January 29, 2026) ruled that it has no territorial jurisdiction to hear IRS officer Sameer Wankhede's defamation lawsuit against "The Ba***ds of Bollywood" series produced by Shah Rukh Khan-owned Red Chillies Entertainment Pvt Ltd
1 minutes ago
Realme has expanded its P-series portfolio in India with the launch of the Realme P4 Power 5G on Thursday. The new handset focuses on long battery life, and a high refresh rate display. Realme P4 Power 5G price and availability in IndiaThe Realme P4 Power 5G has been priced starting at Rs. 25
1 minutes ago
Pregnancy unfolds differently for every woman. Yet, conventional guidance around prenatal nutrition often focuses on a standard checklist of nutrients. Emerging research now makes it clear that a one-size-fits-all approach to pregnancy nutrition is inadequate
1 minutes ago
India's gig economy has expanded rapidly over the past four to five years, but income volatility remains a key concern, with about 40% of workers earning less than Rs 15,000 a month, the Economic Survey 2025-26 said.The number of gig workers rose 55% to 1.2 crore in FY25 from 77 lakh in FY21
1 minutes ago
With Assembly elections on the horizon, Kerala's Left-led government on Thursday unveiled a strongly welfare-oriented Budget for 2026–27, signalling a renewed push to consolidate social support through higher pensions, wage hikes for grassroots workers and expanded public programmes
1 minutes ago
An incident from Rajasthan has sparked widespread outrage after a video surfaced showing an elderly woman being kicked by a man while dancing during a public celebration. The clip captures the crowd watching silently as the woman is assaulted
1 minutes ago
The Economic Survey 2025-26, tabled by Finance Minister Nirmala Sitharaman on Thursday in the Lok Sabha, expects the Indian economy to grow in the range of 6.8-7.2 per cent in the next financial year 2026-27. The country's key economic document, which has a total of 16 chapters
1 minutes ago
Mamata Banerjee will lead a Trinamool Congress delegation to Delhi on Monday. They will meet Chief Election Commissioner Gyanesh Kumar. The meeting concerns the ongoing Special Intensive Revision exercise. Banerjee has criticised the exercise
1 minutes ago
FM Sitharaman will present the 15th Budget of the PM Modi government on February 1. New Delhi: Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey 2026 in Parliament, which will set the official tone on how the economy of the country is performing on a strong note despite
1 minutes ago
