Wealth Conversations Show Featuring World Gold Council

The World Gold Council is the market development organisation for the gold industry. Their mission is to increase and maintain gold demand, as well as to lead the industry and serve as the global authority on the gold market. They provide insights into international gold markets, assisting individuals in comprehending gold’s wealth preservation properties as well as addressing society’s social and environmental needs.

The membership of the World Gold Council includes the world’s leading and most forward-thinking gold mining companies.

Recently, World Gold Council released the Q3 2021 Gold Demand Trends (GDT) report. The GDT is a leading industry resource for gold demand data. It provides unparalleled market insight and uncovers evolving consumer behaviours and identifying trends and opportunities.

Some key global findings from this quarter’s report shows the overall demand down 7 percent as the year-on-year (y-o-y) change in ETFs has a disproportionate impact on total demand; small-scale outflows in the recent quarter generate a significant y-o-y drop when compared with the substantial inflows from Q3 last year. However, demand in jewellery, technology, bar and coin, and central bank sectors enjoyed healthy y-o-y growth.

Regional CEO for the World Gold Council, Andrew Naylor, discusses the GDT Q3 report and also talks about:

What makes gold a strategic asset.
How gold can enhance a portfolio in terms of returns, diversification, liquidity and portfolio performance.
Whether gold be replaced as a store of value and a hedge against inflation by bitcoin among institutional investors.
How the younger investors view gold as an investment.
The unprecedented challenges to investors in 2020.
Outlook for 2022