Investment demand for gold hit record first-half levels this year, a World Gold Council report showed on Thursday, fuelled by a push towards low and negative interest rates, and concerns over political issues such as Brexit.
The gold market ended strongly in Q4 of 2014, with demand going up by 6 per cent year-on-year to 987 tonnes, driven by jewellery sector and central bank buying, according to the latest Gold Demand Trends full year report from the World Gold Coun
The author is a Reuters market analyst. The views expressed are his own.
Gold analysts are generally bullish by nature and many have long-running forecasts that bullion is poised to rally through the $2,000 an ounce barrier, bu
Sharp increases in mining costs mean gold will need to reach $3,000 an ounce in five years for the industry to stay profitable, World Gold Council chief executive Aram Shishmanian said on Monday.
Miners currently needed a gold price of $1,
Investors forsook gold exchange traded funds in the first quarter in favour of coins and bars, the World Gold Council said, with buying of physical investment products helping lift overall bullion demand by 11 per cent.
The WGC said ETFs r
Global gold consumption for 2010 will be higher than 2009 as a result of increasing levels of demand in India and China, sustained global demand for gold investment, together with growth in jewellery and industrial demand, the World Gold Council (
The World Gold Council (WGC), in collaboration with one of its retail partners, Malabar, has introduced the latest jewellery collection.
Launched just in time for Diwali, the 'festival of lights', and Dhanteras, Diwali’s first day,
The World Gold Council (WGC), in collaboration with its retail partner Joyalukkas, is set to unveil intricately designed jewellery collections for the upcoming Diwali festival.
The collections are specifically selected to celebrate this jo
A modest, consistent holding of gold mitigates the potential for significant loss of value during extreme market events, according to a new study published by the World Gold Council (WGC).
In its latest report, Gold: Hedging Against Tail R
Top officials of the World Gold Council (WGC) will this week meet with representatives of Saudi Arabia’s gold industry and government leaders, in a bid to develop the gold market in the country.
During this visit, the WGC hopes to identify