Gold News
Events
The World Gold Council holds a number of programs and conferences designed to deliver incisive, timely content to investors and other key audiences.
News
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…
Demand for gold predicted to rise in global transition to multi-currency reserve system
Beijing, 11 January 2013 – Demand for gold is likely to rise as the world heads towards a multi-currency reserve system under the impact of uncertainty about the stability of the dollar and the euro, the main official assets held by central banks and sovereign funds. This is the conclusion of a wide…
