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World Gold Council report shows steady Q1 gold price rise

Disappointing new unemployment benefits and housing data from the US cast a shadow over markets yesterday, underscoring the still fragile nature of the US economy. Sales of previously owned US homes in March unexpectedly fell for the third time in the last four months, while new claims for unemployment benefits fell less than expected ...

2012-APR-20 · The GoldMoney News Desk

gold price, James Turk, WGC

Indian gold taxes ‘hurting traditional culture’

The Indian government’s recent decision to significantly raise taxes on gold imports is being subject to increasing criticism from members of parliament, investors and dealers, with some describing the measures as an attack on traditional Indian culture. Many dealers are afraid that their businesses will suffer significant losses, ...

2012-APR-06 · Roman Baudzus

buy gold, gold bars, India, WGC

China now the world's largest gold jewellery market

According to the World Gold Council’s (WGC) latest analysis of the gold market, during 2011 Chinese jewellery demand increased significantly to 756.8 metric tons – a 20% increase in comparison with the previous year. Investment demand for gold in China increased by a record 69%. In Europe gold demand climbed for the seventh ...

2012-FEB-17 · Roman Baudzus

central banks, China, gold price, India, WGC

World Gold Council data supports bullish case for gold

Yesterday the World Gold Council released its “Gold Demand Trends” for Q4 and full year 2011, billed as “the leading industry resource for data and opinion on world-wide gold demand.” Among the headline numbers, gold demand last year reached 4,067.1 tonnes – the highest level since 1997, with investment ...

2012-FEB-17 · The GoldMoney News Desk

buy gold, central banks, gold investment, gold price, WGC

Obama's financial reform bill could lead to supply bottlenecks in the gold market

Roman Baudzus writes -- Tanzania's Chamber for Minerals and Energy (TCME) warned the World Gold Council (WGC) on Monday that new regulations in the latest US financial reform bill will have disastrous effects on their domestic gold mining industry. The US bill classifies Tanzania, as well as nine other African countries, as sources of ...

2011-MAR-02 · Roman Baudzus

buy gold, USA, WGC

WGC: Rising Demand for Gold in Third Quarter of 2010

Roman Baudzus writes -- As stated in a report published by the World Gold Council (WGC) yesterday, the demand for gold strongly increased during the third quarter of the year 2010 in comparison with the same period of the previous year. This development was mainly based on a growing demand in China and India, the two biggest markets for ...

2010-NOV-18 · Roman Baudzus

China, gold price, India, quantitative easing, WGC

US Mint Stops Delivery of American Gold Buffalo

Roman Baudzus writes -- As the US Mint informed its retailers, the delivery of the American Gold Buffalo was stopped completely, due to depleted stocks. In addition, the 1-ounce bullion coin, whose fabrication started in 2006, will not be produced in the future. Since the launch of the 2010 series in April, 209,000 ounces were sold. Last ...

2010-SEP-28 · Roman Baudzus

Fed, gold coins, WGC

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CURRENT PRECIOUS METAL PRICES

	Gold: Gold Buy Rates	$49.4238/gg $1,537.20/oz
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