Adam Perlaky
Senior Analyst, Americas World Gold CouncilRecent gold and oil movements highlight inconsistent long-term correlation
Gold stands apart from the broader commodities complex because of its unique market dynamics and performance drivers.Ray Jia
Research Head, China World Gold CouncilAu(T+D)’s trading volume edged closer to new record in July
- Chinese gold prices rose modestly in July
- Au(T+D)’s trading volume in July extended its June surge
- The local gold premium saw a much lower volatility
- Imports registered another decline, dropping to 55t in July
- Gold withdrawals from Shanghai Gold Exchange (SGE) experienced the first rise in four months
- The People’s Bank of China (PBoC) added another 10t to its gold reserves
Adam Perlaky
Senior Analyst, Americas World Gold CouncilCryptocurrencies are no replacement for gold
We often get asked about cryptocurrencies and whether they represent a potential replacement for gold, as well as what role, if any, bitcoin should play in a portfolio.
Adam Perlaky
Senior Analyst, Americas World Gold CouncilGlobally stock markets were weaker last week the worst week since December
Week ending 8 March 2019
World Gold Council
The experts on goldInvestment Update: Cryptocurrencies are not a safe-haven
In Q4 2018, as global stock markets experienced their worst quarter since 2009, cryptocurrencies had a prime opportunity to demonstrate qualities associated with safe havens like gold. However, cryptocurrencies, such as bitcoin, behaved like risky assets and fell while gold rallied.