The Latest Breaking News from WGC

Global gold ETFs inch towards record holdings again — but investors aren’t marching in lockstep. According to the WGC’s October report, while U.S. and Asian buyers continued to add to gold-linked exchange-traded funds, European investors opted to cash out.

The World Gold Council (WGC), alongside law firm Linklaters and Hilltop Walk Consulting, has put forward a plan to overhaul the global gold market through a Wholesale Digital Gold ecosystem. This initiative seeks to improve the ownership, trading, and utilization of gold, aiming to bridge gaps in the current system.

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Gold-backed ETFs experienced outflows in February, driven by factors like inflation and interest rate expectations, with growth seen in Asian markets.

The sound of gentle tapping filled a jewellery workshop in southern China as a craftsman hammered pine leaf patterns onto a soft slab of gold in the style of old ink paintings.

Global gold-backed ETFs saw their eighth consecutive month of outflows in January, driven by redemptions in North America, as investors reevaluated their b...

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