Gold reserve asset management
As central banks search for new investments, our analysis shows that gold compares extremely favourably to other traditional reserve assets with respect to safety, liquidity and return.
The 2016 Executive Programme in Gold Reserves Management took place at the University of Cambridge Judge Business School in September. Leading the programme were distinguished scholars from Cambridge, experts from the World Gold Council, leading gold industry insiders, and policymakers from both central banks and international institutions.
If you are interested in attending the programme in the future, please email us.
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.