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World Gold Council News
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...
Gold's role as a hedge against dedollarisation and geopolitical risk is expected to spur central banks who have been absent from the market to buy the precious metal this year, a World Gold Council...
Industry body the World Gold Council’s latest White Paper, co-authored with Boston Consulting Group, explores the potential of “Gold as a Service” – a new platform to support the issuance and...
During times of global uncertainty and geopolitical uncertainty, commodities such as gold and silver tend to benefit from increased demand; however, the World Gold Council (WGC) says the demand...
Gold trade disruption caused by the war in the Middle East should not be compared with that of the global impact experienced during the Covid pandemic but should rather be viewed as a regional...
Australian platinum group metals (PGM) developer Podium Minerals has appointed former Sibanye-Stillwater CEO Neal Froneman as its nonexecutive chairperson. The appointment, effective immediately,...
Collaboration among industry, governments and civil society is becoming more urgent as Africa aims to convert its mineral wealth into sustainable economic gains, says mining and metals advocacy...
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