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World Gold Council News
Global organisation the World Gold Council has launched the Gold Dealer Assurance Standard (GDAS) – a global framework designed to strengthen trust and transparency in the retail gold market. The...
Gold's 9% rebound in August to around $4 400 an ounce suggests bullion is starting to regain favour with institutional investors and central banks, leaving the market better placed to extend gains...
World Gold Council (WGC) and TSX-listed artisanal gold ore processor Dynacor have signed a memorandum of understanding (MoU) to collaborate on efforts to formalise the artisanal and small-scale...
Central banks bought far less gold at the start of the year than previously thought, and while demand has since rebounded, their purchases are expected to decline this year, according to the World...
India has seen a rise in unofficial gold inflows since the government raised import tariffs on the precious metal earlier this year, widening margins for grey-market operators and hurting organised...
The World Gold Council and the government of Ghana have signed a memorandum of understanding (MoU) to strengthen cooperation on the formalisation of artisanal and small-scale gold mining (ASGM),...
Following the latest hostilities in the US war with Iran, precious metals prices dropped across the board, with the gold price falling back below $4 100/oz and silver below $60/oz. In its latest...
Creating incentives that allow artisanal and small-scale miners of gold to earn more from their work while improving environmental and social practices is central to efforts to formalise the...
Industry body the World Gold Council reports that global investors have continued to reduce their exposure to physically backed gold exchange-traded funds (ETFs) in June, but inflows for the first...
In its latest gold appraisal, industry body the World Gold Council says the performance of the gold price in the first half of this year has underscored a sensitivity to shifting macroeconomic...
Bullion-backed exchange-traded funds (ETFs) could face renewed outflows if investors continue to increase their bets on interest rate hikes, analysts say — a factor that could pull already falling...
Gold’s characterises and the demand for this precious metal make it an excellent reserve asset; therefore, central bank demand is likely to continue to persist into the future, Heraeus Precious...
In its latest Central Bank Gold Reserves Survey, the World Gold Council (WGC) reports that central banks are as enthusiastic as ever towards gold, with a record 45% of central banks reporting that...
Gold can look simple on the chart, but the positioning behind it often tells a more complicated story. South African traders know this well because gold is not just another global asset. It can...
India has raised import tariffs on gold and silver to 15% from 6%, government orders said on Wednesday, as part of efforts to curb overseas purchases of the metals and ease pressure on the...
TSX- and Nasdaq-listed Lundin Mining has welcomed Michael Steinmann to its board of directors following its yearly shareholder meeting. He joins the other re-elected boardmembers Ashley...
Gold demand, including over-the-counter (OTC) demand, increased by 2% year-on-year to 1 231 t for the quarter ended March 31, mainly as a result of higher bar and coin demand, the World Gold...
There is an increased push to improve transparency and traceability, and implement a definitive global standard, across critical mineral supply chains – particularly those rooted in Africa, mining...
Uranium and gold development company Neo Energy Metals has appointed World Gold Council chairperson and former Sibanye-Stillwater CEO Neal Froneman as independent nonexecutive chairperson, with...
Members of the BRICS Plus trade bloc now hold over 6 000 t of gold, representing about 17.4% of total global central bank reserves, up from 11.2% in 2019, financial services group EBC Financial...
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