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Last updated on April 18, 2014 at 1:21 EDT

Latest World Gold Council Stories

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...

2010-12-21 07:35:00

LONDON, December 21, 2010 /PRNewswire/ -- The World Gold Council (WGC) is delighted with the successful phase 1 clinical trial of a unique nanomedicine that uses nanoparticles of gold as the core of a delivery system for tumour targeted drug delivery. The research, published in the current edition of Clinical Cancer Research, was carried out by US-based life sciences company CytImmune Sciences Inc. CytImmune's technology is at the forefront of a raft of gold-based innovations as...

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...

2010-05-25 23:59:00

LONDON, May 26, 2010 /PRNewswire/ -- - Economic Uncertainty, Sovereign Risk in Western Markets and Appetite for Gold From Asia to Underpin Market The World Gold Council ("WGC") expects that demand for gold will be strong during 2010, driven by growing demand for jewellery in China and India as well as an increase in European and US investment in the context of continued economic instability, sovereign risk and the threat of a 'double dip' recession. According to WGC's Gold...

2010-04-01 04:23:00

BEIJING, April 1, 2010 /PRNewswire/ -- World Gold Council ("WGC") and Industrial and Commercial Bank of China ("ICBC") have signed a memorandum of understanding (MOU) for strategic cooperation within China's gold market. This agreement will enhance the exchange of market information between WGC and ICBC to promote domestic demand for gold, encourage investment into China's gold market, as well as jointly develop and market new gold investment products within the country. Under the...

2010-02-22 05:49:00

MANCHESTER, England, Feb. 22 /PRNewswire/ -- The World Gold Council is forecasting a surge in demand as the jewellery industry rushes to buy gold in 2010. A rush of investors last year caused gold prices to peak and this in turn accounted for a slight dip in demand from the jewellery industry. However, as the dollar strengthens and the price of gold levels out, the World Gold Council predicts an increase in demand from this particular sector. This demand may also increase in light of the...

2010-02-18 11:57:00

LONDON, February 18, 2010 /PRNewswire/ -- World Gold Council welcomes the announcement by the International Monetary Fund (IMF), that the next phase of its previously announced gold sales programme will be undertaken in a phased and transparent manner. The gold sales follow the IMF Executive Board's decision in September 2009 to approve sales of the metal totalling 403.3(t). The successful first phase sale to Central Banks had no impact on the smooth functioning of the gold market and the...

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...

2010-02-11 03:30:00

LONDON, February 11 /PRNewswire/ -- - World Gold Council Research Paper Demonstrates Important Applications in Development Using Gold Nanoparticles World Gold Council (WGC) has today published 'Gold for Good: Gold and nanotechnology in the age of innovation', a research paper detailing new scientific and technological innovations using gold. The report, which was produced in conjunction with Cientifica Ltd, the world's leading source of global business and investor intelligence...