Gold will continue to remain attractive for investors, post FOMC meeting: WGC

The upcoming Federal Reserve Open Markets Committee (FOMC) meeting on 20 March, 2019 is expected to confirm market expectations that the Federal Reserve (Fed) will remain on hold for the rest of the year. This, in turn, will likely influence gold’s performance. Our historical analysis shows that when the Fed has shifted from a tightening […]

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Gold-backed ETFs gained globally in 2018, even with North America outflows

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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 safety of European-backed ETFs, more than offsetting outflows in North America resulting from a strong U.S. dollar, says a Reuters report. Gold-backed exchange-traded funds (ETFs) worldwide registered net inflows of $3.4 billion, a […]

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Global gold demand rises 2% in 2016 as investment surges to four-year high – WGC

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Global gold demand rose 2% in 2016 to reach 4,309 tonnes (t), the highest level since 2013, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This was largely driven by inflows into gold-backed Exchange Traded Funds (ETFs) of 532t, the second-highest year on record, as investors responded to concerns over future […]

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Liquidity squeeze hits India’s gold demand, but outlook strong on rising income, says WGC

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India’s gold consumption is unlikely to return to normal levels until 2018 due to a liquidity squeeze, but the long-term outlook is good due to rising incomes that plays a more important role in the demand for the yellow metal than prices, the World Gold Council (WGC) said in a report. Gold demand in the […]

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Gold seen holding its highly relevant asset class status in 2017

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There might be some concerns that US dollar strength may limit gold’s appeal, but the World Gold Council (WGC) believes that, on the contrary, gold remain highly relevant as a strategic portfolio component. It said in its 2017 outlook report that six major trends will support demand for gold throughout 2017 after investors around the […]

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Global gold demand falls as central bank purchases slow and jewellery buying falls

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A fall in purchase of jewellery and by central banks could not offset could not offset a sharp increase in investment demand for gold, pushing global sales to the precious metal down 10 percent year on year to 993 tonnes (t) in the third quarter of 2016, according to the World Gold Council’s (WGC) latest […]

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