Gold reserve asset management
The next Executive Programme in Gold Reserves Management will take place at the University of Cambridge Judge Business School from 19 to 23 September 2016. Leading the programme will be distinguished scholars from Cambridge, experts from the World Gold Council, leading gold industry insiders, and policymakers from both central banks and international institutions.
To register or for further information, please click here.
The World Gold Council is working with The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and Amanie Advisors to develop a Shariah Standard on Gold.
The past few years have seen a fundamental shift in central banks' behaviour with respect to gold. Since 2010, they have been net buyers of gold, driven in part by uncertainty over the future of the international monetary systems and the need to diversify reserves.
Gold can help central bank officials to manage market risk, improve portfolio performance and preserve national wealth.
How the market works
The gold market operates through a well-established infrastructure of market makers and clearing. Gold trading, clearing and vaulting is determined around a number of clearly-defined standards.
View a short film on how gold is traded by gold market makers.