Highest central bank buying in 50 years drives growth in gold demand in 2018
Global gold demand reached 4,345.1 tonnes (t) in 2018, up 4% on 2017 and in line with five-year average demand of 4,347.5t, according to the World Gold …
Indian gold demand lags on price surge; other Asian countries bet on Lunar New Year
Gold demand in India turned weak last week as local prices jumped to their highest level in two and a half years. Traders in major buying centres in Asia have …
IMF retains India’s FY20 growth forecast at 7.5%; CRISIL predicts a modest recovery at 7.3%
The International Monetary Fund (IMF) has retained its growth projection for Indian economy at 7.5 per cent for 2019-20 and said it is likely to accelerate to …
Gold-backed ETFs gained globally in 2018, even with North America outflows
Gold-backed exchange-traded funds ended 2018 with new inflows globally as uncertainty about Britain’s exit from the EU drove investors to the perceived …
IGC trims 2018-19 world grains production forecast
With small adjustments for wheat, maize and sorghum, the International Grains Council (IGC) has lowered its forecast for world total grains production in …
Declining international prices to ease food import burden for poorest countries
Declining international agricultural commodity prices should ease the bill the world’s poorest countries pay for food imports, although the strengthening …
World cereal output forecasts raised by FAO
The U.N. food agency has raised its forecast for global cereal production in 2018 to 2 601 million tonnes, primarily due to higher estimates for wheat …
Global food price index dips for the fifth consecutive month in October
International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United …
Global gold demand steady in third quarter; central banks and consumer purchases offset ETF outflows
Global gold demand was steady in Q3 2018 at 964 tonnes, up just 6 tonnes year-on-year, according to the World Gold Council’s latest Gold Demand Trends …
World grains output tipped to decline 1% in 2018-19 to three-year low- IGC
World total grains (wheat and coarse grains) production is expected to decline by 1% in 2018/19, to a three-year low of 2,081m t, the International Grains …