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Latest Peak Gold Stories

2011-08-18 00:00:00

LONDON, August 18, 2011 /PRNewswire/ -- Gold's strong start to the year was reinforced during the second quarter of 2011 where total global gold demand measured 919.8 tonnes (t), worth a near-record US$44.5bn, with broad-based support across all sectors and geographies. Standout markets were India and China, as these two markets accounted for 52% of total bar and coin investment and 55% of global jewellery demand, the World Gold Council announced today. According to the...

2011-05-19 00:00:00

LONDON, May 19, 2011 /PRNewswire/ -- The outlook for global gold demand remains robust throughout 2011 against a background of another strong quarter, the geographic and sectoral diversity of demand and strong fundamentals, the World Gold Council said today. According to the Gold Demand Trends report for Q1 2011, demand for gold in the rest of 2011 will be driven by a number of key factors: - Prevailing global socio-economic conditions will continue to drive investment demand for...

2011-02-16 23:59:00

LONDON, February 17, 2011 /PRNewswire/ -- 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 US$1,421.0/oz on the London PM fix. The Gold Demand Trends report sets out the key factors that drove gold demand in 2010, together with an...

2011-01-26 07:00:00

NEW YORK and LONDON, Jan. 26, 2011 /PRNewswire/ -- The gold price rose for the tenth consecutive year in 2010 reaching US$1,405.50/oz by the end of December on the London PM fix, a 29 percent increase from last year's levels. According to the World Gold Council (WGC), which today released its Gold Investment Digest for the fourth quarter and full-year 2010, last year's price performance was driven by developments in key gold markets. China saw increased investment activity, driven in part...

2010-11-17 00:00:00

LONDON, November 17, 2010 /PRNewswire/ -- Global gold consumption for 2010 will be higher than 2009 as a result of increasing levels of demand in India and China, sustained global demand for gold investment, together with growth in jewellery and industrial demand, the World Gold Council ("WGC") said. According to the WGC's Gold Demand Trends report for Q3 2010, published today, demand for gold in the final quarter of 2010 will be driven by the following factors: - Increasing...

2010-08-24 23:59:00

LONDON, August 25, 2010 /PRNewswire/ -- Demand for gold will remain robust during 2010 as a result of accelerating demand from India and China, as well as increasing global investment demand driven by continuing uncertainty over public debt and economic recovery, the World Gold Council ("WGC") said. According to the WGC's Gold Demand Trends report for Q2 2010, published today, demand for gold for the rest of 2010 will be underpinned by the following market forces: - India and...

2010-02-17 08:00:00

LONDON, February 17, 2010 /PRNewswire/ -- In 2009, dollar demand for gold remained above the $US100 billion mark for the second year in succession against the backdrop of continued turbulence in financial and commodity markets. According to World Gold Council's ("WGC") Gold Demand Trends published today, this resilience in demand was achieved in the context of average gold prices 12% higher than those in 2008, at $US972.35/oz. Total identifiable gold demand in tonnage terms fell...


Word of the Day
reremouse
  • A bat.
The word 'reremouse' comes from Middle English reremous, from Old English hrēremūs, hrērmūs ("bat"), equivalent to rear (“to move, shake, stir”) +‎ mouse.
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