Kavita Chacko

Research Head, India

India’s gold market update: muted consumption demand

International and domestic gold prices alike retreated in January. Prices nevertheless remain high and this has been impacting gold jewellery demand in India. Gold imports too have moderated. Domestic gold prices began to trade at a premium to international prices since late January following nearly three months of trading at a discount. Meanwhile, the RBI made the highest monthly purchase of gold in eighteen months in January and Indian gold ETFs continue to see inflows.

Posted 1 week 2 days ago

Ray Jia

Research Head, China World Gold Council

China’s gold market in January: wholesale gold demand jumped, official gold reserves rose further

During the first month of 2024, wholesale gold demand in China jumped ahead of the Chinese New Year’s holiday in mid-February, recording the strongest January ever and lifting the local gold price premium. Meanwhile, the PBoC stretched their gold buying spree to 15 months and gold ETFs in the region once again attracted inflows.

Posted 1 week 2 days ago

Krishan Gopaul

Senior Analyst, EMEA World Gold Council

Central banks’ summer of buying continues into October

Central banks’ gold buying slowed in October but did nothing to alter the overall trend of robust buying that has captured the attention of gold investors. Reported global net purchases totalled 42 tonnes (t) during the month, 41% lower than September’s revised total of 72t, but still 23% above the January-September monthly average of 34t.

Posted 2 months 2 weeks ago

Unearthed Podcast

World Gold Council

Unearthed: Lori Heinel, State Street Global Advisors’ Global Chief investment Officer, opens with macroeconomics

Join the World Gold Council’s market strategists for episode one of The Unearthed Podcast - with Lori Heinel, State Street Global Advisors’ Global Chief investment Officer. Together, we’ll unearth golden insights spanning macroeconomics, investment and consumer trends, geopolitics, technology, trust, supply chains and more.

Posted 3 months 1 week ago