Adam Perlaky
Former Senior Analyst, Americas World Gold CouncilGold falls as positive news dominates the markets
While gold held important support levels of around US$1,850/oz for the past four months, it broke that level yesterday and has continued lower today, near US$1,800/oz, as the perception of market risks fall.
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in October: higher jewellery retail sales, seasonally lower wholesale gold demand
Gold prices saw marginal declines in October. Even though the US presidential election and a significant rebound in COVID-19 infection cases in many regions kept uncertainty elevated globally, climbing real interest rates in key markets such as the US and China weighed on local gold prices. As a result, the SHAUPM (RMB) and LBMA Gold Price AM (USD) fell by 1.8% and 0.4% respectively in the month.
Terry Heymann
Chief Financial Officer World Gold CouncilCongratulations to the 100 Global Inspirational Women in Mining
Today Women in Mining UK recognised women all over the world that are making significant contributions to the mining sector. As part of 100 Global Inspirational Women in Mining (WIM100) many women from our Member companies have been recognised and nominated by their peers for making positive and impactful contributions to the industry.
Adam Perlaky
Former Senior Analyst, Americas World Gold CouncilMajor commodity indices will increase gold weightings for a second year in a row
Two major commodities indices -The S&P GSCI and Bloomberg Commodity (BCOM) Index - recently announced that for a second year in a row, their weighting of gold will increase.
