Weekly Markets Monitor - Testing gold’s resolve
India gold market update: Volatility softens demand
Digital Gold: The Case for a Shared Infrastructure
This paper proposes Gold as a Service: a shared infrastructure that would connect physical gold custody with digital issuance and product lifecycle management. By standardising core operating functions while preserving issuer competition, Gold as a Service aims to strengthen trust, reduce complexity, and enable digital gold to function as a coherent, interoperable asset class fit for a digital financial era.
Weekly Markets Monitor - Credit, where credit’s due
China gold market update: Resilient demand in a festive month
Gold rose in USD terms but fell when priced in RMB – due mainly to the strengthening currency. Wholesale gold demand stayed relatively resilient in February, the Chinese New Year month, compared to the similar period in 2025. Local gold ETFs saw further inflows and the PBoC announced gold purchases 16 months in a row.
Weekly Markets Monitor - What gives: oil or yields?
Unearthed: Navigating Gold's New Volatility Among Geopolitical Conflict
In this episode of Unearthed, Joe Cavatoni and John Reade unpack gold’s sharp reaction to escalating conflict in the Middle East.
Inflows supported by opposite shores
Global physically backed gold ETFs saw another solid month in February, adding US$5.3bn – cementing the strongest two‑month start on record. North America led inflows (+US$4.7bn), Asia stayed firm (+US$2.3bn), while Europe (-US$1.8bn) lagged amid early‑month redemptions linked to the late-January precious metals sell-off.
