Gold reserve asset management

Consultation paper to discuss recommended practice in gold accounting

Gold reserve asset management - Consultation paper to discuss recommended practice in gold accounting

It is widely recognised that the functional purposes for why monetary authorities hold gold differ from commercial entities, and current accounting practices do not reflect this. This lack of an appropriate accounting treatment has meant monetary authorities have adopted a variety of different methods, some of which can act as a barrier to investing in gold. Following interest for some form of standardisation in this area, draft recommended guidance has been written and the World Gold Council is now calling for interested parties to submit their feedback on the guidance by 31 July 2017.

Gold: valuable reserve amid unprecedented policy environment

Gold reserve asset management - Gold: valuable reserve amid unprecedented policy environment

As central banks search for new investments, our analysis shows that gold compares extremely favourably to other traditional reserve assets with respect to safety, liquidity and return.

Executive Programme in Gold Reserves Management 2016

Gold reserve asset management - Executive Programme in Gold Reserves Management 2016

The 2016 Executive Programme in Gold Reserves Management took place at the University of Cambridge Judge Business School in September. Leading the programme were distinguished scholars from Cambridge, experts from the World Gold Council, leading gold industry insiders, and policymakers from both central banks and international institutions.

If you are interested in attending the programme in the future, please email us.

Shariah Standard on Gold

Gold reserve asset management - Shariah Standard on Gold

Launch of the AAOIFI Shari’ah Standard on Gold, developed in collaboration with the World Gold Council. Learn more…

Managing risk in reserve asset portfolios

Gold reserve asset management - Managing risk in reserve asset portfolios

The past few years have seen a fundamental shift in central banks' behaviour with respect to gold. Since 2010, they have been net buyers of gold, driven in part by uncertainty over the future of the international monetary systems and the need to diversify reserves.

Gold can help central bank officials to manage market risk, improve portfolio performance and preserve national wealth.

How the market works

The gold market operates through a well-established infrastructure of market makers and clearing. Gold trading, clearing and vaulting is determined around a number of clearly-defined standards.

View a short film on how gold is traded by gold market makers.