India’s gold market update: high prices tempering demand in Q4
Gold price in INR rose in tandem (11% since October) with the LBMA Gold Price PM in USD, due to the stable INR/USD.
China’s gold market in November: premium elevated, gold reserves rose further
India's Gold Market: Reform and growth
This compendium brings together a series of reports published over the last three years, giving unparalleled insight into the key factors that underpin India’s gold market, including the drivers of gold demand, the changing structure of the jewellery market, the new investment landscape, and the dynamics of gold supply.
Unearthed: On the Ground at the LBMA Conference
In this special episode of "Unearthed," hosts John Reade and Joe Cavatoni from the World Gold Council take listeners to the London Bullion Market Association Conference in Barcelona.
Outflows narrowed significantly in November
Global gold ETFs saw a net outflow of US$920mn in November, significantly narrower than October (-US$2bn). North America led global inflows while Europe continued to witness sizable outflows in the month.
China’s gold market in October: wholesale demand weakened, gold reserve rose
The LBMA Gold Price AM in USD and the Shanghai Gold Benchmark PM (SHAUPM) in RMB bounced higher, both recording the strongest monthly gains since March. The local gold price premium fell from its record high, possibly driven by weaker gold demand during the month.
Gold miners’ AISC still rising, but at a slower pace
In Q2’23 the gold miners’ global average all-in sustaining cost (AISC) continued to climb, rising to US$1,315/oz. This represents an increase of 1% q/q and 6% y/y, maintaining the overall upward trend which began in Q1’21.
Gold ETF commentary: Net outflows narrowed in October
Outflows from physically-backed gold ETFs totalled US$2bn in October, the fifth consecutive monthly loss. Collective holdings reduced by 37t to 3,245t.
