Gold investment demand fell in Q1 driven by hefty outflows in gold-backed exchange-traded funds (ETFs) as growing expectations of higher interest rates impacted sentiment, according to the World Gold Council’s latest Gold Demand Trends report.
The World Gold Council, the market development organisation for the gold industry, announces Aura Minerals, B2Gold and Sandstorm Gold Royalties have joined its Board of Members.
The World Gold Council, the market development organisation for the gold industry, announces Shandong Zhaojin Group Co., Ltd (Zhaojin Group) has joined its Board of Members.
The COVID-19 pandemic, with its far-reaching effects, was the driving factor behind gold consumer demand weakness throughout 2020, leading to a 14% decline in annual demand to 3,759.6t.
The World Gold Council, the market development organisation for the gold industry, announces that Equinox Gold Corp. has joined its Board of Members.
The World Gold Council's ‘Gold and Climate Change: The Energy Transition’ report looks at gold mining’s energy transition and climate impacts over the next decade.
The World Gold Council, the market development organisation for the gold industry, announces Torex Gold Resources Inc. (‘Torex Gold’) has joined its Board of Members.
On November 19th in Beijing, at the 2020 China Jewellery Industry Capital Forum-Gold Market Development Forum and the Launch Event of “24K Hard Gold Jewellery Industry Standard” Advocate, the five major gold industry associations and the five leading gold jewellery retail companies joined hands with various participating organizations and launched the Advocate together, to vigorously promote the standardization process of 24K hard gold products.
The Press Release of Chinese Gold Industry’s Epidemic Prevention and Anti-Epidemic Social Responsibility Report themed “Gold Responsibility & Paramount Mission”, co-organized by China Gold Association, Shanghai Gold Exchange, World Gold Council and Sina Finance, was held in Beijing on 6 November.
Global gold demand dropped by 19% y-o-y to 892t in Q3, as consumers continued to feel the impact of the COVID-19 pandemic. This was the lowest quarterly total since Q3 2009. The Year-to-date demand of 2,972.1t was 10% lower versus the same period in 2019, according to the World Gold Council’s latest Gold Demand Trends report.
