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Latest World Gold Council Stories

2011-04-12 07:00:00

NEW YORK, April 12, 2011 /PRNewswire/ -- Investors who assume that an investment in a commodity index provides effective gold exposure are failing to optimise portfolio performance, according to a new study published today by the World Gold Council. In its latest report, Gold: a commodity like no other, the World Gold Council examines gold's role in a diversified portfolio with an allocation to commodities. The analysis shows that a modest, consistent holding of gold increases long-term...

2011-03-28 02:30:00

LONDON, March 28, 2011 /PRNewswire/ -- The recently discovered magnetic properties of gold nanoparticles are the subject of the lead article in the new issue of the journal, Gold Bulletin. The paper, "Unexpected magnetism in gold nanostructures: Making gold even more attractive," by Professor Simon Trudel, University of Calgary, explains the cause of the unexpected magnetism in gold and explores how these properties could lead to potential applications in catalysis, medicine and data...

2011-02-22 07:00:00

LONDON, Feb. 22, 2011 /PRNewswire/ -- The World Gold Council today announced that it is to play a pivotal role in the transition of new gold-based innovations from 'lab' to 'market'. There has been an explosion of interest in the use of gold in science and technology, mainly driven by the emergence of nanotechnology, yet breakthroughs in research are slow to achieve commercial success due to lack of further targeted investment and support. The World Gold Council's initiative will help...

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...

2010-12-21 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...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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