Friday 15 November 2024
 
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Gold demand hits record highs in Q2 supporting rising prices

Total global gold demand increased 4% year-on-year to 1,258t, marking the strongest second quarter (Q2), the World Gold Council’s Q2 2024 Gold Demand Trends report reveals. Total demand was supported by healthy over-the-counter (OTC) tra

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Gold demand hits record highs in Q2 supporting rising prices

Total global gold demand increased 4% year-on-year to 1,258t, marking the strongest second quarter (Q2), the World Gold Council’s Q2 2024 Gold Demand Trends report reveals. Total demand was supported by healthy over-the-counter (OTC) tra

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Global gold demand stays strong, supporting record-high prices

The World Gold Council’s Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year to 1,238t, marking the strongest first quarter since 2016.  

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Year 2024 to ‘provide answers to 2023’s vexing questions’

Year 2024 will provide the answers to the big questions of 2023 including growth, inflation, central banks, geopolitics, elections and policies.    These will be catalysts for the year and clues for the futu

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Year 2024 to ‘provide answers to 2023’s vexing questions’

Year 2024 will provide the answers to the big questions of 2023 including growth, inflation, central banks, geopolitics, elections and policies.    These will be catalysts for the year and clues for the futu

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Geopolitics, economy bolster gold demand and prices in 2023

Annual gold demand (excluding OTC) fell to 4,448 tonnes (t) in 2023, down just 5% from a notably strong 2022 but factoring in demand from the OTC markets and other sources, total demand climbed to a new annual record of 4,899t. 

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Geopolitics, economy bolster gold demand and prices in 2023

Annual gold demand (excluding OTC) fell to 4,448 tonnes (t) in 2023, down just 5% from a notably strong 2022 but factoring in demand from the OTC markets and other sources, total demand climbed to a new annual record of 4,899t. 

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Geopolitics, economy bolster gold demand and prices in 2023

Annual gold demand (excluding OTC) fell to 4,448 tonnes (t) in 2023, down just 5% from a notably strong 2022 but factoring in demand from the OTC markets and other sources, total demand climbed to a new annual record of 4,899t. 

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GCC central banks raise key rates on US Fed move

The central banks of Saudi Arabia, Bahrain, UAE and Qatar have decided to increase their key interest rates by 25 basis points after the US Federal Reserve raised benchmark overnight interest rate to 5 to 5.25% range, the tenth consecu

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Oil surge may force cbanks to hold rates higher for longer

Surging oil prices are likely to mean higher interest rates for longer as the price rally adds to inflationary pressures, warns the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisati

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