According to the World Gold Council (WGC) report ‘Gold Demand Trends 2021’ has informed that the global gold demand rose 10 per cent in 2021 to 4,021.3 tonnes. The overall gold demand during 2020, which was impacted following Covid-19 related disruptions, stood at 3,658.8 tonnes.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The demand for the yellow metal was mainly driven by Central bank buying during the fourth quarter of 2021, recovery in jewellery consumption, mainly in India and China. India’s gold consumption surged to 797.3 tonnes in 2021, on the back of the recovery in consumer sentiments and pent-up demand post Covid-19-related disruptions and the bullish trend is set to continue this year as well.
Important takeaways for all competitive exams:
Honorable Prime Minister Narendra Modi has been conferred Oman’s highest national honour which is The…
A historic moment for India’s armed forces 23 year old Sai Jadhav has become the…
India and Saudi Arabia have taken another significant step to deepen their growing strategic relationship…
India’s ride hailing market is set to witness a significant shift with the upcoming rollout…
Significant boost to India’s defense logistics and operational readiness, the Indian Army has successfully inducted…
India’s labour market continued to show signs of strengthening in November 2025, with key employment…