Trevor Keel
Consultant World Gold CouncilThe launch of the James Webb Space Telescope
On the 24th of December 2021, the James Webb Space Telescope will be launched (weather permitting) and ultimately give humanity the opportunity to understand even more about the universe. Gold, a metal that was born in the stars billions of years ago, has long played a critical role in space exploration - the JWST included.
Hannah Brandstaetter
Former ESG Programme Director World Gold CouncilESG Video Series: The Responsible Gold Mining Principles (RGMPs)
We worked with our members and collaborated with key industry stakeholders to set out a framework that addresses key environmental, social and governance issues for the gold mining sector.
Mukesh Kumar
Former Senior Analyst, India World Gold CouncilIndia’s gold market in November: retail demand remained robust but imports declined
Retail gold demand in India remained robust in the month, buoyed by festival and wedding purchases. Official imports declined m-o-m due to a higher gold price and ample stocks, and the local market flipped back to discount.
Hannah Brandstaetter
Former ESG Programme Director World Gold CouncilESG Video Series: Should gold be considered an ESG compliant asset?
In our conversations with investors we often get asked the same questions about gold’s ESG credentials, and this new video series aims to answer them by showing different perspectives from within the World Gold Council and our membership.
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in November: wholesale gold demand up, ETF holdings down
The Shanghai-London gold price spread fell amid a weaker local gold price
The LBMA Gold Price PM finished November slightly higher as declines towards the end of the month wiped off earlier rallies. While the LBMA Gold Price AM in USD – which we normally use when comparing to the Chinese local gold price ‒ increased by 0.1%, the SHAUPM in CNY saw a minor drop of 0.3%. The appreciating CNY against the dollar and a steadily rising equity market may have contributed to the underperformance of the RMB gold price.
Adam Webb
Former Director of Mine Supply Metals FocusGold miners’ AISC reach their highest since 2013
All-in Sustaining Costs (AISC) across the gold mining industry averaged US$1,123/oz in Q3’21, a rise of 4% q-o-q and the highest level since 2013. This is the fourth consecutive quarter of cost growth, with the average AISC up a significant 16% since the corresponding quarter in 2020.
Mukesh Kumar
Former Senior Analyst, India World Gold CouncilThe overvalued Indian equity market could represent an opportunity for gold investors
India’s equity market has outperformed major equity markets in 2021, triggered by signs of economic recovery and an accommodative monetary policy from the Reserve Bank of India (RBI).