Latest World Gold Council Stories
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...
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 terms...
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.
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.
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 11%...
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.
LONDON, February 2 /PRNewswire/ -- Suggestions of a gold price 'bubble' do not take account of gold's market fundamentals, which remain robust, said World Gold Council.
LONDON, January 25 /PRNewswire/ -- - First Global Study, Conducted by SEMI, of the Semiconductor Industry Into the use of Gold Wire vs.
LONDON, Dec. 10 /PRNewswire/ -- World Gold Council (WGC) has announced the appointment of Ian Telfer as its new Chairman. Mr. Telfer is Chairman of the Canadian gold producer Goldcorp Inc. and succeeds Greg Wilkins, Vice Chairman of Barrick Gold Corporation, who steps down from the Board of WGC.
NEW YORK, Nov. 6 /PRNewswire/ -- The World Gold Council is delighted to note that the Central Bank of Sri Lanka has announced that it is buying gold to diversify its reserves.
- Withering but not falling off, as a blossom that persists on a twig after flowering.