Press releases
Gold Commentary
Shanghai Gold Benchmark Price launch
Gold demand resilient in 2015 as central banks and consumers spur strong H2 recovery
Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half of 2015 as a result of sustained buying from central banks and a strong second half from China and India.
AAOIFI Launches Project for Shari’ah Standard on Gold, In Cooperation with World Gold Council and Amanie Advisors
The subcommittee has held its first meeting to discuss the detailed study and exposure draft of the Shari’ah Standard on Saturday 9 January 2016, and it plans to hold a series of meetings in upcoming months to complete its review of the exposure draft and then to submit it to the Shari’ah Board.
