Press releases

The World Gold Council, the market development organisation for the gold industry, has welcomed Silver Wheaton to its Board of Members. Silver Wheaton is the largest precious metals streaming company in the world and has recently expanded its gold streams with acquisitions from Vale SA and Hudbay Minerals Inc.

The World Gold Council welcomes the decision by European central banks to agree on a new Central Bank Gold Agreement (CBGA). The Agreement, the fourth of its kind, marks a continued commitment from some of the world’s largest gold reserve holders to preserve the clarity and transparency that this agreement provides for gold market participants. It also firmly reasserts the importance of gold as an asset in global monetary reserves.

A major report published today by the World Gold Council “China's gold market: progress and prospects” suggests that private sector demand for gold in China is set to increase 20% from the current level of 1,132 tonnes(t) per year to at least 1,350t by 2017. Following the record level of Chinese demand in 2013, which saw the country become the world’s largest gold market, the report suggests that while 2014 is likely to see consolidation, the succeeding years are likely to see sustained growth.

世界黄金协会今天推出了一份大型报告《中国黄金市场：进步与前景》。报告指出，中国的个人领域每年对黄金的需求将从目前的1,100公吨提升至2017年的1,350公吨或更多，增幅达25%。 报告也提到，在2013年中国的黄金需求创下历史新高并成为全球最大的黄金市场之后，中国在2014年的需求将有可能出现盘整，而在之后的几年将有望出现持续增长。