Latest World Gold Council 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...

2011-07-14 07:00:00

NEW YORK, July 14, 2011 /PRNewswire/ -- The World Gold Council today releases its Gold Investment Digest, analysing the current economic and financial drivers of the global gold market. The Q2 2011 report shows that gold outperformed most major assets, including commodities, throughout the quarter. In addition, gold's low average volatility of 13.4% for the quarter is well below its long-term 20-year average of 15.8%. Juan Carlos Artigas, Investment Research Manager at the World Gold...

2011-06-30 11:36:00

LONDON, June 30, 2011 /PRNewswire/ -- The World Gold Council recently released a new report, which saw China overtake India as the largest purchaser of gold in the world. Spread betting and CFD trading provider City Index (http://www.cityindex.co.uk/) takes a look at a few possible reasons for the Chinese gold drive, and what this means for your spread betting strategy. Culture Gold gifting is a significant part of Chinese culture, having been associated with good...

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...

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