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World Gold Council
As a leading organisation in the gold industry, we’re committed to shaping the conversation around gold and creating a brighter future for all.
Welcome to the
Latest
New: Unearthed Podcast
Join the World Gold Council’s market strategists for informative and insightful discussions with global thought leaders in this new podcast. Together, we’ll unearth golden insights spanning macroeconomics, investment and consumer trends, geopolitics, technology, trust, supply chains and more.
16 November, 2023
Monthly ETF Commentary
Outflows from physically-backed gold ETFs totalled US$2bn in October, the fifth consecutive monthly loss. Collective holdings reduced by 37t to 3,245t.
07 November, 2023
Gold Market Commentary
Gold prices started the month on the backfoot, having fallen below US$1,850/oz at the end of September. The events in Israel on 7 October set a rally in motion that took the US dollar price back up above US$2,000/oz by 27 October. The record-high monthly finish was mirrored in almost all other major currencies.
07 November, 2023
Gold Demand Trends Q3 2023
Central banks gold buying maintained a historic pace but fell short of the Q3’22 record. Jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed
31 October 2023
2023 Chinese jewellery market insights
As Chinese jewellery retailers shook off the pandemic, many strode into 2023 with strong expectations. But the recovery has been bumpy.
4 October, 2023
Gold Demand Trends Q2 2023
Q2 gold demand (excluding OTC) dropped slightly by 2% y/y to 921t, driven by a marked deceleration in net central bank buying compared to above average purchases in Q2’22. Inclusive of OTC and stock flows, total demand strengthened 7% y/y to 1,255t.
1st August
Gold investment market and financialisation: India gold market series
India is one of the world’s largest gold bar and coin markets. Investment demand for gold is driven by its safe-haven appeal and the ability to convert these products into jewellery at a later stage.
12 July, 2023
The relevance of gold for Australian Self-Managed Super Funds
Gold, in Australian dollars (AUD), delivered positive returns in 2022 and this has continued so far in 2023. It has attracted attention: not only have global central banks continued to buy gold, but Australia’s sovereign wealth fund has also added gold to its portfolio.
07, July 2023
Gold Mid-Year Outlook 2023
Developed market central banks are nearing the end of their tightening cycles.For now, market consensus points to a mild contraction in the US in late 2023 and slow growth in developed markets. But given the historical lag between monetary policy and economic performance, investors are wary that a hard landing may be still to come.
06, July 2023
Gold and ESG
Leading by example
World Gold Council members commit to enhanced supply-chain transparency
Responsible Gold Mining
Ensuring high ESG standards across the gold supply chain
Gold and Climate Change
Analysing gold’s relationship with climate change
Gold’s Contribution to Society
Understanding gold’s role in socio-economic development
Our Documentary Series
GOLD: A Journey With Idris Elba
Join Idris Elba to discover the human story of gold – how it has shaped us, and our world.
Latest Research
Gold Market Commentary
Gold prices started the month on the backfoot, having fallen below US$1,850/oz at the end of September. The events in Israel in early October set a rally in motion that took the US dollar price back up above US$2,000/oz by 27 October. The record-high monthly finish was mirrored in almost all other major currencies.
Gold Demand Trends Q3 2023
Gold demand (excluding OTC) in Q3 was 8% ahead of its five-year average, but 6% weaker y/y at 1,147t. Inclusive of OTC and stock flows, total demand was up 6% y/y at 1,267t.
