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World Gold Council
Global demand declined to 4355.7 t in 2019, down 1% on 2018, according to the World Gold Council’s latest Demand Trends report.
Gold has had its best performance since 2010. It outperformed major global bond and emerging market stock benchmarks over that period.
Building on the initial research of 2018, the new report offers a more comprehensive overview of the current status of gold on the climate.
Should central banks remain net purchasers of gold this year it’ll mark a decade since they switched from being net sellers.
The World Gold Council, the market development organisation for the gold industry, has launched its Responsible Gold Mining Principles.
The world’s gold sector has been called to account for fostering potentially misleading and inconsistent reporting of its actual cost structure.
Global gold demand grew to 1,053.3 t in the first quarter of 2019 according to the World Gold Council’s latest Gold Demand Trends report.
It’s heartening to see that technology such as blockchain is being used to track the mining of diamonds through to points-of-purchase.