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:
The Gujarat Forest Department and Vantara has released total 20 blackbucks into the Banni Grasslands…
From 16th of August, 2026 The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) has…
Veteran Bengali filmmaker Raja Sen passed away on Sunday, August 16, 2026, in Kolkata at…
The coming Census 2027 is going to be a milestone exercise in the statistical and…
India and Nepal have pledged to map cross-border occupation of land within three years, giving…
The Supreme Court has ordered 19 States and Union Territories to think of declaring cancer…