Bharat Iyer

Research Associate

World Gold Council

Bharat joined the World Gold Council as a Research Associate in early 2021, focusing on financial modeling and analysis to support the development of written reports and enhancing the firm’s data offering shared with investors globally. Prior to joining the World Gold Council, he was an associate in investment product strategy at PIMCO, specializing in multi-asset quantitative products as part of the firm’s hedge fund and quantitative strategies group.

Bharat holds a Bachelor’s degree in Economics from Northwestern University.

Short-term gold performance model: how it works and why it matters

Our short-term gold performance model enables investors to dissect monthly gold returns into key drivers of investment demand. Different estimation windows provide additional insights on the varying influence of drivers over time. During May, our model shows gold’s performance was only modestly impacted by rates but they still remain a relevant driver this year.