Central bank - Digital currencies and gold Technological change has always been a driving force in the evolution of money. The barter system could only give way to commodity money because refining and standardization built trust in precious metal coinage. Paper notes gained acceptability...

Indian Gold Market According to econometric study, rising income is the most powerful long-term driver of Indian gold demand. This is good news for gold demand, since the economy is expected to benefit from a demographic dividend, with per capita GDP growing at a rate of 23% between 2022 and...

Eternal Gold Value! There are people that believe that Gold has no essential value and that it is a barbaric relic which does not hold the monetary qualities of the past anymore, believing that paper currency is the money of choice and gold is only good for making jewellery. On the other hand,...

Gold and climate change, decarbonising investment portfolios Climate change is both a physical reality and a rapidly growing systemic and existential risk that all aspects of society are currently learning to address. It’s now widely understood that greenhouse gas (GHG) emissions must...

Summer 2021 Gold market analysis A new analysis from the World Gold Council, identified September as one of the best months for gold. The analysis shows that gold has delivered positive returns during the month of September “with a confidence level” of nearly 90%. “September has been one of...

Short Gold outlook September 2021 The gold price drop in August was caused by momentum changes and interest rates. The initial unforeseen shar early-hours selloff amid low liquidity conditions might have unnerved some investors, leading to lower investment demand despite a price recovery...

Gold is the best effective commodity investment, 2021! Commodities like reflation and this could be even better for gold. The current global eco-nomic landscape indicates improving economic conditions, higher inflation and rates expec-tations, as well as commodity supply shortages which are...

Quarter 2 of 2021 – Gold demand flat, H1 down by 10%. Strong consumer demand recovery and Q2 gold ETF inflows were not enough to offset heavy Q1 outflows. Gold demand (excluding OTC) for Q2 was virtually in line with Q2 2020 at 955.1t (-1%). That took H1 demand to 1,833.1t, down 11% y-o-y....

July 2021, half year Gold Outlook: Interest rates will likely remain a key driver for gold in the short and medium term. Yet, the negative impact that higher rates could have, will likely be offset by the longer-lasting effects and unintended consequences of expansionary monetary and fiscal...

GOLD AND BASEL III Impact of Net Stable Funding Ration (NSFR) on the gold market through enforcement of Basel III which implications were much debated on the bullion industry. NSFR requires 85% of required stable funding under the current rules which means higher costs for banks, holding gold...

Fears of inflation and momentum touch off Gold! The gold price rally gathered momentum driven by continued fears over inflation, a weaker dollar, lower real rates and recovered its Q1 losses, finishing May virtually flat y-t-d on the back of a significant technical breakout. Sentiment...

German investors who are concerned about inflation are still interested in gold! Acceleration of the local coronavirus vaccine programme and concomitant slowdown of the third wave of coronavirus in the country, boosted Investors’ confidence in Germany. How-ever, while hope for an economic...

Gold gets incited over inflation and momentum fears, rising 7% on the month and has recovered its Q1 losses, finishing May virtually flat y-t-d on the back of a significant technical breakout. Sentiment toward gold continued to improve as net positioning on COMEX futures rose to its highest...

High Gold due to inflation, falling yields and USD Inflation grew, USD weakened and Gold price rebounded 4.5% on the month. Gold moved up closer to important USD 1,800/oz level, sentiment via Comex futures increased as net positioning rose 10% off March low, outflows in gold ETFs continued...

Climate Change & Gold We need to ensure that the engagement on gold and gold mining’s relationship to climate change is worldwide more understood, known and that obstacles need to be acknowledged and addressed. Gold has various meanings to people, whether it be as: - an item of iconic...

Physical Gold Demand Up in Q1 2021 as Investors Look for Inflation Hedge Q1 saw boosted demand for physical gold as investors looked for alternative assets and gold caught a safe haven bid as a hedge against the rising inflation. The current geopolitical climate including the fallout from...

Q1, 2021 - GOLD DEMAND TRENDS There was a gold demand of 815.7t in Q1 of 2021, virtually on a par with Q4 2020, but down 23% compared with Q1 of 2020. Strengthening consumer demand mitigated the impact of ETF outflows as global economies continued to recover. While the average gold price in...

Significant expansion of gold reserves of Central and Eastern European central banks! In March 2021, Hungary has tripled its gold reserves. The decision by the National Bank of Hungary (Magyar Nemzeti Bank, MNB) to increase its gold reserves to 94.5 tonnes, a historic high, follows a 10-fold...

Gold Today Gold boosts attraction, encouraging some safe-haven purchase due to falling treasury yields and U.S./China/Russia tensions which marks gold prices with highest finish in seven weeks. Furthermore, good reports regarding the U.S. economy health moved up gold and provided support for...

GOLD MARKET A sharp rise in US interest rates and a stronger dollar have weighed on gold recently. But a rebound in economic activity and a lower gold price have provided opportunities for consumers and strategic investors alike. A levelling in interest rates on the back of accommodative...