Press releases

L’Italia guarda all’oro come un’alternativa all’austerity

Secondo il primo sondaggio indipendente, su scala nazionale, svolto dopo le elezioni italiane del Febbraio 2013, i dirigenti d’impresa (91%) ed i cittadini italiani in generale (85%) concordano, in larga maggioranza, sul fatto che le riserve auree del Paese possano giocare un ruolo importante e…

Central banks adding gold and alternative assets to diversify US dollar and euro reserves

A new report by the World Gold Council, “Central bank diversification strategies – rebalancing from the dollar and the euro”, examines the growing trend of central banks’ actively looking to diversify their reserve portfolios. While the dollar is still the primary global currency, its long-…

2012 sees gold demand hit record value level

In value terms, gold demand in 2012 was US$236.4bn – an all-time high. Gold demand in value terms for the final quarter of the year was 6% higher year-on-year at US$66.2bn, marking the highest ever Q4 total.

World Gold Council announces new Managing Director in India

The World Gold Council, the market development organisation for the gold industry, has appointed Somasundaram PR as Managing Director, India. Somasundarum PR (Som) will be based in Mumbai, where he will be responsible for leading the World Gold Council’s activities across the Indian market.

Gold mitigates foreign-exchange risk when investing in emerging markets

Investors in emerging market assets can use gold to reduce the risks associated with exchange-rate volatility and benefit from significant cost efficiencies, according to a new report from the World Gold Council. Exchange-rate risk is a serious and increasingly relevant issue as investors in the US…