The price of gold, which has already increased significantly during 2020, hit new seven-year highs this week surging past US$ 1,773 per ounce. The move was a reaction to what was believed to be the second wave of coronavirus infections in different countries, the fear of fresh restrictions on economic activity, and possible fresh stimulus […]

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MUMBAI/BENGALURU – Gold demand jumped this week in India due to increased retail purchases for a key festival and weddings on price corrections, while premiums in China eased as buying slowed in the world’s top consumer. Gold futures in India fell to 31,240 rupees per 10 grams last week, the lowest in more than four […]

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Ahead of the Herd has been digging into why central banks are buying a lot of gold recently. What we’ve found is eyebrow-raising, to say the least. It may be the best reason you’ve ever read for wanting to buy gold. Take this headline from the Northern Miner: “Editorial: Central banks are major gold buyers […]

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The World Gold Council, the market development organisation for the gold industry, has launched the Exposure Draft of its Responsible Gold Mining Principles. The Principles make up a new framework that sets out clear expectations for investors and downstream users as to what constitutes responsible mining. Working with its Members, the world’s leading mining companies, […]

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