Ray Jia

Senior Analyst, China World Gold Council

The time may be right for gold in Japanese investors’ portfolios

Expectations for the end of the BoJ’s negative policy rate intensified

The BoJ relaxed its yield curve control (YCC) program in late July. Governor Ueda’s first surprise move since taking the wheel: he effectively doubled the YCC’s upper limit to 1%, while keeping the policy rate unchanged at -0.1%. This led to surges in both the 10-year JGB yield and its volatility. 

Posted 2 months 2 weeks ago

Adam Webb

Director of Mine Supply Metals Focus

Gold miners’ average AISC resumes rising trend in Q1’23 and reaches a new record high

Costs in the gold mining industry resumed their upward trajectory in the first quarter of this year. This followed a short-lived break in Q4’22, when gold miners’ average all-in sustaining costs (AISC) had fallen by 1% q/q. Prior to this, costs had risen for the past three consecutive quarters, stretching back to Q1’22.

Posted 4 months 2 weeks ago