Gold Industry & Market Information
Welcome to the winter edition of Gold Investor, where leading market participants assess the relevance of gold against a backdrop of persistent geopolitical turmoil.
It is widely recognised that the functional purposes for why monetary authorities hold gold differ from commercial entities, and current accounting practices do not reflect this. This lack of an appropriate accounting treatment has meant monetary authorities have adopted a variety of different methods, some of which can act as a barrier to investing in gold. Following interest for some form of standardisation in this area, draft recommended guidance has been written and the World Gold Council is now calling for interested parties to submit their feedback on the guidance by 31 July 2017.
A barrage of policy initiatives aimed at purging India of black money and instilling greater transparency rocked India’s economy last year, including its gold market.
The World Gold Council's 2017 Outlook comprises four sections. A section on major trends that will support, in our view, gold performance this year. And three short sections from notable economists that gauge the economic outlook for the US, Europe and Asia, respectively.
In 2016 we concluded a comprehensive research programme investigating gold buying behaviour across the major markets – China, India, Germany and the US. Learn about our findings…
The World Gold Council is the market development organisation for the gold industry. With our unique insight into the global gold market, we see unrealised potential for gold across society and intervene to create new possibilities.