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World Gold Council Does Not Expect Reddit Frenzy To Spill Into Gold

World Gold Council Does Not Expect Reddit Frenzy To Spill Into Gold Wed, 3rd Feb 2021 16:31 (Alliance News) - The World Gold Council does not expect the Reddit-fuelled frenzy to spill over into gold after retail investors recently targeted silver, which hit an eight-year high early this week before plunging on Tuesday. Gold market is more liquid and much bigger than silver, with around USD150 billion traded daily, John Reade, the chief market strategist at World Gold Council, said at the annual mining indaba in South Africa on Wednesday. The World Gold Council is a non-profit association of the world s leading gold producers.

India gold demand 25yr low in 2020 lockdown,high prices:WGC

India gold demand 25yr low in 2020 lockdown,high prices:WGC
sakshi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sakshi.com Daily Mail and Mail on Sunday newspapers.

gold ; sona ; Gold demand decreased by 35% in 2020, per capita gold demand fell by 63% in last 10 years | 2020 में 35% घटी सोने की मांग, बीते 10 सालों में प्रति व्यक्ति गोल्ड की डिमांड 63% कम हुई

gold ; sona ; Gold demand decreased by 35% in 2020, per capita gold demand fell by 63% in last 10 years | 2020 में 35% घटी सोने की मांग, बीते 10 सालों में प्रति व्यक्ति गोल्ड की डिमांड 63% कम हुई
bhaskar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bhaskar.com Daily Mail and Mail on Sunday newspapers.

World Gold Council bullish about 2021

World Gold Council bullish about 2021 LONDON, January 14, 2021 The World Gold Council believes that gold investment will remain well supported in 2021 while gold consumption should benefit from the nascent economic recovery, especially in emerging markets.    Investors will, looking ahead, likely see the low interest rate environment as an opportunity to add risk assets in the hope that economic recovery is on the immediate horizon.    That said, investors will likely also be navigating potential portfolio risks including ballooning budget deficits, inflationary pressures  market corrections amid already high equity valuations.   Gold gained from risk, rates and momentum Gold was one of the best performing major assets of 2020 driven by a combination of high risk, low interest rates positive price momentum – especially during late spring and summer. 

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