Press releases
Gold Commentary
Demand for gold predicted to rise in global transition to multi-currency reserve system
Beijing, 11 January 2013 – Demand for gold is likely to rise as the world heads towards a multi-currency reserve system under the impact of uncertainty about the stability of the dollar and the euro, the main official assets held by central banks and sovereign funds. This is the conclusion of a wide…
Reliance Money and World Gold Council launch My Gold Plan
(RMPM), a Reliance Capital company, and World Gold Council, the market development organisation for the gold industry, today announced the launch of Reliance My Gold Plan.
Global gold demand reflects challenging global economic climate: ETFs up 56% and India up 9% in Q3 2012
Global gold demand in Q3 2012 was 1,084.6 tonnes (t), down 11% from the record Q3 2011 figure of 1,223.5t. This dip in demand is in comparison with exceptional demand in Q3 last year. Gold demand remains resilient. Q3 2012 was above the five year quarterly average of 984.7t, according to the World…
Gold-backed bonds offer an alternative to austerity, confirms new white paper
World Gold Council’s Conflict-Free Gold Standard Published
The World Gold Council, today publishes the Conflict-Free Gold Standard, an industry-led approach to combat the potential misuse of mined gold to fund unlawful armed conflict.