Press releases
Gold Commentary
Global gold demand hits new high as prices soar in 2024
Central bank buying – which topped 1,000t for the third year in a row – along with a return of Western ETF investment lifted gold demand to a record of 4,974t (US$382bn). The gold price reached multiple record highs during the year, which weighed on global jewellery consumption.
New report uncovers scale of exploitation of artisanal gold miners to fund war, terrorism and organised crime
The Rt. Hon Dominic Raab, in partnership with the World Gold Council, today publishes a new report examining the systemic threats from the illicit trade of gold through artisanal and small-scale gold mining (ASGM).
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.
