Press releases
The World Gold Council expands its Market Intelligence Group with two new appointments in India and China
The World Gold Council, the market development organisation for the gold industry, today announces the appointment of Mukesh Kumar and Carole Lu to the Market Intelligence Group, which provides comprehensive research, analysis and insight on the global gold industry.
Gold mining industry contributed over US$171 billion to global economy according to World Gold Council
Global gold market remains steady in Q1 2015 demonstrating the unique diversity of gold demand
The first three months of 2015 saw stable gold demand, according to the latest Gold Demands Trends report from the World Gold Council. Total demand for Q1 2015 was 1,079 tonnes (t), down just 1% on the same period last year.
Gold recycling: new report examines the evolving industry that contributes a third of global gold supply
“The Ups and Downs of Gold Recycling: Understanding Market Drivers and Industry Challenges,” written and published today by the World Gold Council and The Boston Consulting Group (BCG), analysesthe economic drivers of the global gold recycling market and highlights important future industry trends including; a shift in concentration of gold recycling from west to east, increased difficulty in obtaining gold from electronic products as less is used in modern devices, and potential consolidation within the recycling industry across the entire value chain.
2014 ends with strong gold demand in Q4, driven by jewellery and central banks
2014 saw a stabilisation of the gold market as it pulled back from the extremes of 2013, according to the latest Gold Demand Trends full year report from the World Gold Council. Annual gold demand was 3,924 tonnes (t), 4% lower than 2013. The year ended strongly, with gold demand in Q4 2014 up 6% year on year to 987t, driven by demand for jewellery and central bank buying.