Unearthed Podcast

World Gold Council

Unearthed: Tracing Gold from Mine to Vault ft. Marie Lemay and Rob Sargent, The Royal Canadian Mint

In this episode, hosts John Reade and Joe Cavatoni from the World Gold Council interview Marie Lemay, President and CEO, Royal Canadian Mint and Rob Sargent, Director Refinery Services, Royal Canadian Mint. Lemay discusses the role of the Royal Canadian Mint in the Canadian and broader gold industry and highlights several key initiatives and priorities for the Mint.

 Podcast Posted 8 months ago

Kavita Chacko

Research Head, India World Gold Council

India’s gold market update: Import duty reduction, a catalyst for demand

The reduction of gold’s import duty brought domestic gold prices lower 6% m/m, with y-t-d gains now at 10%. The lower import duty has also reportedly boosted consumer demand ahead of the festive season. In turn, strong demand pushed the domestic gold price to a premium relative to the landed price following five months of discounts. The Reserve Bank of India (RBI) continued with its consistent but measured approach to buying gold. Gold ETFs saw substantial inflows in July on the back of adjustments to the treatment of long-term capital gains. Gold imports also maintained their momentum in July. 

 Blog Posted 8 months ago