Response to the CFTC regarding Dodd-Frank
The World Gold Council respectfully submits to the Commodity Futures Trading Commission (the “CFTC”) the following comments and recommendations in response to the Federal Register Notice of January 26, 2011 that pertains to the notice of proposed rulemaking to establish position limits for certain…
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Commodities index no substitute for gold, research shows
Investors who assume that an investment in a commodity index provides effective gold exposure are failing to optimise portfolio performance, according to a new study published today by the World Gold Council.
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Summary of the World Gold Council's submissions to the Securities and Exchange Commission (SEC) in response to the consultation on the proposed rules to implement Section 1502 (conflict minerals) of the Dodd-Frank Act
The World Gold Council, on behalf of its members, has submitted two documents in response to the SEC consultation on the regulations to implement the Dodd-Frank ‘conflict minerals’ legislation (the Act). The World Gold Council is fully supportive of the humanitarian intentions underpinning the Act…
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Global gold demand in 2010 reached a 10 year high in tonnage and all time high in value
2010 was an outstanding year for gold, with strong demand across all sectors, the World Gold Council said today. Gold demand for the year reached a ten year high with annual demand of 3,812.2 tonnes worth approximately US$150 billion. On 9 November 2010, this demand led to a new record gold price of…
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World Gold Council and ICBC launch first physical gift investment bar
ICBC and the World Gold Council today launched the Only Gold Gift Bar, the first gold investment gifting product in China. This product will create a new segment in the investment market to meet the emerging trend for gold gifting. The gold retail investment market in China grew rapidly during 2010…
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