Research

India, the world’s second-largest consumer of gold jewellery, has experienced rapid change over the last few years due to evolving demographics.  Weddings and festivals remain the most important drivers of Indian gold jewellery demand: bridal jewellery alone accounts for at least half of the market share.

19 January 2023

Physically-backed gold ETFs saw their holdings fall by 110t in 2022, down 3% y-o-y and equivalent to outflows of US$3bn.

9 January, 2023

Gold posted a small gain in 2022; no mean feat given an unprecedented rise in rates and a strong US dollar. 2022 was a textbook example of gold’s stable and uncorrelated performance amid market turbulence.

9 January, 2023

The global economy is at an inflection point after being hit by various shocks over the past year.

8 December, 2022

Healthy Q3, driven by stronger consumer and central bank buying, helped year-to-date demand recover to pre-COVID norms. 

1 November, 2022

Gold fell for the sixth consecutive month, dropping 2.6% to finish September at US$1,671.8/oz. It was a challenging month for most assets, with global equities down 9.5%, global bonds down 5.1% and commodities down 8.4%.

6 October, 2022

From the COVID pandemic to the Russia−Ukraine war, the global economy has sustained significant and varied shocks over the last few years.

5 October, 2022