India gold market update: Investment upheld amid seasonal lull
Gold extends gains in July, remains top performer with y-t-d gains of 28%. Seasonal weakness weighs on jewellery sales; investment buying gains ground.
China gold market update: Strong investment in H1
China’s wholesale gold demand weakened further in June, ending H1 with a 18% y/y fall – bar and coin demand strength was offset by the jewellery sector weakness. A positive June concluded the strongest semi-annual Chinese gold ETF inflow ever and the PBoC announced non-stop gold purchases during H1.
Weekly Markets Monitor: Precious times
With a light week for economic data, tariff developments returned to the forefront last week. Although the tariff pause was extended, new levies, some higher than initial rates, have raised concerns.
Unearthed: Gold ETFs 101 — Myths, Mechanics, and Market Access, ft Amanda Krichman
In this episode of Unearthed, co-hosts Joe Cavatoni and John Reade, Senior Market Strategists for the World Gold Council, are joined by Amanda Krichman, Chief Operating Officer of Funds at the World Gold Council.
June inflows boost H1 strength
A positive June pushed global physically backed gold ETFs’ inflows during the first half to US$38bn, the strongest semi-annual performance since H1 2020. Total AUM surged 41% to US$383bn, while holdings increased by 397t to 3,616t.
Weekly Markets Monitor: Big data, little reaction
Last week, attention was centered on unexpected headline U.S. job gains and the narrowly passed budget bill, while PMI readings improved across major economies and trade policy developments continue to draw focus.
Weekly Markets Monitor: Gold flirts with support
Last week saw easing geopolitical tensions and some trade policy progress. Economic data showed mixed trends: U.S. indicators soft, euro area sluggish, and the UK, Japan and India improved.