Krishan Gopaul
Senior Analyst, EMEA World Gold CouncilECB review signals little change in short-term
At the end of January, the new head of the European Central Bank (ECB), Christine Lagarde, announced the launch of a year-long strategic review of the bank’s monetary policy strategy. Stemming from this, there has been much discussion recently about the ECB’s existing “below but close to 2%” inflation target, and whether this needs to be made more specific, both in aim and measurement.
Krishan Gopaul
Senior Analyst, EMEA World Gold CouncilCentral bank demand remains on course for remarkable 2019
In November, central banks reported adding 27.9 tonnes – on a net basis – to global official gold reserves, 43% lower than October’s increase. On a year-to-date basis, this brings cumulative net purchases to 570.2t, 11% higher the same period in 2018 (515.2t).
Twenty Years of the Central Bank Gold Agreement comes to an end today.
(short thread) https://t.co/qmscGo1wSa
Krishan Gopaul
Senior Analyst, EMEA World Gold CouncilNo summer holiday for central bank demand
Over the past 18 months, central banks have had a voracious appetite for gold. Alongside the impressive AUM growth in gold-backed ETFs, this has been one of the most prominent stories in the gold market. As we noted in the most recent edition of Gold Demand Trends, in H1 2019 central bank demand hit the highest level since becoming net buyers in 2010.
Isabelle Strauss-Kahn
Former Lead Financial Officer The World BankCentral banks return to gold
Intro: Central banks bought more gold in 2018 than at any time since the early 1970s – and the trend has continued this year. Isabelle Strauss-Kahn, Member of the Advisory Board of the World Gold Council, former Director of Market Operations at the Banque de France and former Lead Financial Officer at the World Bank, explains why.
John Reade
Senior Market Strategist, Europe and Asia World Gold Council2019 Central Bank Gold Reserves Survey signals more buying to come
Our Central Banks and Public Policy team have just published the results of the 2019 Central Bank Gold Reserves Survey. The survey gives a fascinating insight into the minds of central bankers and is especially timely since central banks continue to post record-breaking levs of net gold purchases in recent quarters.
Gold: More on China's announcement that it bought #gold in April for the fifth successive month.
First, showing this data graphically. #Goldhub #blog https://t.co/ejBYDLFKn3
Ray Jia
Research Head, China World Gold CouncilVAT in China
In March the amount of gold that left Shanghai Gold Exchange vaults - also known as the SGE loadouts - hit 218t. This is a chunky number. It is the highest March on record, almost 30% higher than the average monthly loadout since the start of 2016 and a 13% increase on March 2018.
Krishan Gopaul
Senior Analyst, EMEA World Gold CouncilStrong start for central bank demand in 2019
Central bank statistics for February 2019 are now published. You can read a summary of the key findings here.
