Gold continues its journey from West to East as buoyant consumer markets balance investment outflows
The latest World Gold Council Gold Demand Trends report, which covers the period July-September 2013, highlights the resilience of the global gold market in what is traditionally a slower quarter for gold demand. The continued growth in consumer demand across the globe and the strength of Asian gold demand overall, reinforces the patterns first seen at the beginning of 2013, clear evidence of the self-balancing nature of the global market.
New research indicates that responsible gold miners contributed more than $55bn to sustainable economic development in 2012
Today the World Gold Council releases a new research report, Responsible gold mining and value distribution, which demonstrates further the constructive role responsible gold mining plays in supporting sustainable socio-economic development, particularly in host nations. In an industry first, member companies of the World Gold Council have collaborated to combine data which provides a comprehensive, country by country view on how value generated by the formal gold mining sector is distributed and how much of that value remains with host nations. This data covers expenditure in 2012 and includes payments to suppliers, employees and governments.
Investors should resist being seduced by short-term headlines when making long-term investment decisions urges new report
The World Gold Council today publishes a new report ‘Why invest in gold?’ which reiterates and explains why gold should be viewed as a long-term asset in a portfolio.
The global economy has been slowly healing since the 2008-2009 financial crisis, however many investors have increased their exposure to risky assets on the back of strong equity market performance this year.