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Global gold demand reaches a record high value of over US$100 billion
The World Gold Council’s Q3 2024 Gold Demand Trends report reveals that total gold demand increased 5% year-on-year to 1,313t, a record third quarter. Total demand exceeded US$100bn for the first time on record, supported by strong investment in a record-high price environment.
The Consolidated Mining Standard Initiative launches first public consultation
Partners of the Consolidated Mining Standard Initiative (CMSI) – have published a draft consolidated standard, governance model, assurance process and related reporting and claims policy, and encourage stakeholders to provide their views during a 60-day public consultation.
Second quarter gold demand hits record highs, supporting rising prices
The World Gold Council’s Q2 2024 Gold Demand Trends report reveals that total global gold demand increased 4% year-on-year to 1,258t, marking the strongest Q2 in our data series.
Central banks expect official sector demand to rise in the next year despite high gold prices
More than four in five respondents to a central bank survey have indicated that they expect reserve managers will continue to increase their gold holdings in the next 12 months, according to new data released by the World Gold Council today. This is the highest ever recorded since the annual survey began.
Central banks commit to supporting responsible artisanal and small-scale gold mining through domestic purchase programmes
The World Gold Council (WGC) announced today that four central banks have committed to signing ‘The London Principles.’ This is a set of operating principles to help structure and formalise Central Bank Artisanal and Small-Scale Gold Mining Domestic Purchase Programmes (ASGM DPP).
