Gold’s Safe Haven Status Could Come Into Play in 2023
Q: What are the World Gold Council’s (WGC) expectations for gold prices in 2023? A: WGC provides investors with a very robust framework to think about gold in the macroeconomic context. We help investors understand how gold may react given certain microeconomic conditions. Our outlook, published at the beginning of December, focuses on three broad […]
WGC’s big game plan: Digitalisation of the entire global gold ecosystem
The digitalisation of the gold ecosystem and arriving at a standardised unit for gold in the digital space is one of the key agenda of the future of the World Gold Council (WGC). David Tait, WGC’s Chief Executive, elaborates on this agenda and shares its aim in an exclusive interview with businessline during his India […]
World Gold Council says India ‘Strong pillar of support’ for gold market
India, the world’s second-largest consumer of gold jewellery, has experienced rapid change over the last few years due to evolving demographics witnessing growing demand for lightweight and studded jewellery, reported Asian Lite International citing World Gold Council.”India is a strong pillar of support for the global gold markets as the second-largest consumer of gold jewellery. […]
Last year, central banks bought most gold since 1967: WGC
Central banks added a whopping 1,136 tonnes of gold worth some $70 billion to their stockpiles in 2022, by far the most of any year since 1967, the World Gold Council (WGC) said on Tuesday. The data underline a shift in attitudes to gold since the 1990s and […]