Q1 gold demand fell by 18% from last year’s exceptional high – WGC

David McHutchon | May 5, 2017
img0 Image: i.imgur.com Global gold demand in Q1 2017 was 1,034.5t. The 18% year-on-year decline suffers from the comparison with Q1 2016, which was the strongest ever first quarter. Inflows into ETFs of 109.1t, although solid, were nonetheless a fraction of last year’s near-record inflows. Slower central bank demand also contributed to the weakness. Bar and coin ...

Gold investments drove price and demand growth – WGC

David McHutchon | February 3, 2017
img0 Image: inzoloto.ru World Gold Council published its report “Gold Demand Trends”. A four-year high in investment drove price gains and demand growth. 2016 full-year gold demand gained 2% to reach a 3-year high of 4,308.7t. Annual inflows into ETFs reached 531.9t, the second highest on record. Declines in jewellery and central bank purchases offset this growth. ...

VAT obstructs gold investment in Russia

David McHutchon | December 22, 2016
img0 Image: i_imgur_com On 12-13 December the World Gold Council hosted a workshop in Moscow on “Global gold trends and the gold investment market in Russia”. The workshop brought together [about 60 representatives] of the gold industry, financial services sector and policy officials to discuss the gold investment market in Russia and how it can be strengthened. ...

Gold price vs Fed rate. What will be stronger

MINEX Forum | October 25, 2016
img0 The price of gold has increased sharply this year, but speculation about US interest rates has prompted suggestions that this upward trajectory will move into reverse. Not so, says Simona Gambarini, commodities analyst at leading economics research consultancy Capital Economics, Gold Investor (World Gold Council’s bulletin) reports. The gold price has risen close to 20% ...

The World Gold Council and the London Metal Exchange are about to launch LMEprecious

MINEX Forum | August 9, 2016
img0 Image: http://forexandgold.ru/ The World Gold Council and the London Metal Exchange, together with key market participants announce a suite of exchange-traded and centrally-cleared precious metals products. LMEprecious will launch in the first half of 2017, following a comprehensive process of integration and testing with participants and subject to regulatory approvals, said in The World Gold Council’s release. LMEprecious ...