Mukesh Kumar
Former Senior Analyst, India World Gold CouncilIndia’s gold market in July: retail demand tepid but wholesale demand decent
Retail demand is gradually picking up, supported by festivals during the month and ahead of the wedding season. Official imports are expected to pick up during August on the back of improved retail demand.
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in July: demand benefited from a lower gold price
While the gold price dip may have provided a short-term boost for local gold demand, we believe a sustained recovery requires reviving economic and income growth, fewer disruptions from coronavirus and more weddings.
Krishan Gopaul
Senior Analyst, EMEA World Gold CouncilCentral bank buying strengthens in June
Last week we published our updated central bank gold statistics to include data reported for June. This new information shows that central banks added a net 59t to global gold reserves during the month.
