Published:
Gold-backed ETFs added 52t or 2% of AUM in July building on a strong June
Holdings in global gold-backed ETFs and similar products rose by 69 tonnes(t) to 2,440t in 2018, equivalent to US$3.4bn of inflows. Global gold-backed ETFs grew 3% in 2018, driven by strong growth in European funds and increased global inflows during December.** This is the first time since 2012 that the value of total gold-backed ETF holdings has finished the year above US$100bn.
Sectors: Demand, Investment
Published:
Driving China’s gold market
Madame Wu Xiaoling, Chairwoman of the Board of the PBC School of Finance, Tsinghua University and former Deputy Governor of the People’s Bank of China, believes that gold has a crucial role to play in China’s continuing development and the internationalisation of the RMB.
Sectors: Demand, Investment, Central banks/official inst.
Published:
Gold Demand Trends Q2 2019
Gold demand was 1,123t in Q2, up 8% y-o-y. H1 demand jumped to a three-year high of 2,181.7t, largely due to record-breaking central bank purchases.
Sectors: Market insights, Supply, Gold production, Recycling, Demand, Jewellery, Investment, Technology, Central banks/official inst.
Published:
Central banks return to gold
Central banks bought more gold in 2018 than at any time since the early 1970s – and the trend has continued this year. Isabelle Strauss-Kahn, Member of the Advisory Board of the World Gold Council, former Director of Market Operations at the Banque de France and former Lead Financial Officer at the World Bank, explains why.
Sectors: Demand, Investment, Central banks/official inst.
Published:
Gold mid-year outlook 2019: Heightened risk meets easy money
The first half of 2019 proved quite eventful for financial markets. Stocks retraced their Q4 2018 losses by the end of April only to pullback again in May.
Sectors: Market insights, Supply, Gold production, Recycling, Demand, Jewellery, Investment, Technology, Central banks/official inst.
Published:
Gold-backed ETF AUM grew 15% in June, its largest monthly increase in 7 years
Holdings in global gold-backed ETFs and similar products rose sharply in June by 127 tonnes (t) to 2,548t – equivalent to US$5.5bn in inflows – as geopolitical uncertainty increased and central banks signalled a shift to a more accommodative policy over the coming months. This drove rates and the US dollar lower and shifted the momentum in gold as its price moved to a six-year high.
Sectors: Demand, Investment
Published:
Gold-backed ETFs experienced small outflows in May
Holdings in global gold-backed ETFs and similar products rose by 69 tonnes(t) to 2,440t in 2018, equivalent to US$3.4bn of inflows. Global gold-backed ETFs grew 3% in 2018, driven by strong growth in European funds and increased global inflows during December.** This is the first time since 2012 that the value of total gold-backed ETF holdings has finished the year above US$100bn.
Sectors: Demand, Investment
Published:
Global gold-backed ETF holdings fell 2% in April, resulting in net 2019 outflows to date
In April, holdings in global gold-backed ETFs and similar products fell across all regions by 57 tonnes(t) to 2,424t, equivalent to US$2.2bn in outflows. Global assets under management (AUM) in US dollars fell by 3% to US$100bn, as the price of gold of gold fell 1% during the month. Global gold-backed ETFs have now lost assets of US$377mn, 0.4% AUM on the year, reversing January’s strong start.
Sectors: Demand, Investment
Published:
Gold Demand Trends Q1 2019
Gold demand lifted by central banks and ETFs. This compares with a relatively weak Q1 2018, when demand sank to a three-year low of just 984.2t. Central bank buying continued apace: global gold reserves grew by 145.5t.
Sectors: Market insights, Supply, Gold production, Recycling, Demand, Jewellery, Investment, Technology, Central banks/official inst.
Published:
Global gold-backed ETF holdings grew incrementally in March
Holdings in global gold-backed ETFs and similar products rose slightly in March by 2 tonnes(t) to 2,481t, equivalent to US$120mn in inflows. Global assets under management (AUM) fell by 1.7% in US dollars to US$103bn over the month, driven by the 2% decline in the price of gold during the same period. Global gold-backed ETF flows remain positive on the year (US$1.9bn, 1.9% AUM) on the back of strong January inflows.
Sectors: Demand, Investment