Gold Investment Statistics
The World Gold Council is the market development organisation for the gold industry. Working within the investment, jewellery and technology sectors, as well as engaging in government affairs, their purpose is to provide industry leadership, whilst stimulating and sustaining demand for gold.
This brief commentary summarises gold’s price performance in various currencies, its volatility and correlation to other assets from the perspective of global financial markets, describing the macroeconomic factors that influenced gold’s behaviour during the year. In particular, it discusses major market events in 2011 which helped gold prices move up during the year and explains its observed correlation to equities during a period of US dollar appreciation. This commentary complements detailed gold investment statistics in multiple currencies regularly published on our website in spreadsheet form.
To view the full report, please click here
