Krishan Gopaul
Senior Analyst, EMEA World Gold CouncilCentral banks remain positive towards gold despite lower buying in April
In April, central banks bought another 31.6t based on IMF data. While the monthly increase is not far off the 6-month average (34.7t), it is 24% lower than March and 35% lower than April 2019.
World Gold Council
The experts on goldWebinar: Gold Market Trends and Outlook For Professional Investors
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in March: reviving gradually
In March, the SHAUPM rose by 1.4% while LBMA Gold Price AM fell slightly as the RMB weakened relative to the USD. Although new COVID-19 infections in China remained near zero in March, concerns for the pandemic’s aftermath on the domestic economy linger.
Mukesh Kumar
Former Senior Analyst, India World Gold CouncilSupply-chain disruptions impact on Indian gold market
To curb the spread of COVID-19, the global restrictions have impacted the global gold supply chain, from production to refining. These supply-chain disruptions have impacted both bullion and gold dore’ imports into India.
Krishan Gopaul
Senior Analyst, EMEA World Gold CouncilCentral banks demand creeps higher in February
In February, central banks bought a net 36 tonnes (t) of gold, almost a third higher than January’s net purchases, but 52% lower y-o-y. This brings y-t-d net purchases to 64.5t, 44% lower than the 116.1t of net purchases over the first two months of 2019.
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in February: physical demand down, safe-haven demand up
The coronavirus (COVID-19) outbreak supported demand for gold as a safe-haven asset as stocks and commodities fell sharply. Physical gold demand faltered domestically due to COVID-19 and seasonality factors.
Juan Carlos Artigas
Global Head of Research World Gold CouncilPotential impact of the coronavirus on gold
Mukesh Kumar
Former Senior Analyst, India World Gold CouncilGold demand tailed off in second half of December with start of inauspicious period and higher gold price
Wedding and stable domestic gold price at ~Rs 37800/10gm helped demand in first half of December but demand tailed off after 15th December after the beginning of inauspicious period and rising gold price which jumped by 3.7% from mid-December till end of the month.
Ray Jia
Research Head, China World Gold CouncilChinese New Year: what does it mean for China’s physical gold market?
On 25th January 2020, people throughout China will celebrate the start of a new year – the most important festival in the Chinese lunar calendar. This will kick off Year of the Rat and begin another rotation of the twelve zodiac signs. Most people are already in a festive mood, and, as a result, so is China’s gold market.
