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 Nov 21, 2009  
 
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AngloGold Ashanti dehedging and bullish gold

Right now gold prices are hovering around $930 levels with possibility of even falling to $905 levels. However, a number of factors favour gold bullishness-WGC has said rising production costs and ....

 
WGC hails 3M's gold catalyst properties
Dr Richard Holliday, director, industrial, at WGC, said: "WGC supports and encourages innovations using gold in industrial applications through its market development programmes. 3M's gold cataly....
 
WGC: Asia primarily buys gold for jewellery
What I find strange is an organization called a World Gold Council (WGC) still thinks Asia primarily buys gold for jewellery. Asia buys gold as jewellery that trades by weight in grams with practicall....
 
Gold best inflation hedge: WGC
On gold’s inflation hedge credentials, Natalie Dempster, head of investment, North America, World Gold Council, said: “Fears of future inflation drove investor interest as seen by the cont....
 
Inflation fears still attract investors to gold: WGC
Inflation fears continue to attract investors to gold even as commodity complex in general, and equities outperformed gold during the second quarter of 2009, according to World Gold Council's Gold Inv....
 
Brides fall for necklaces & rings now
Anan Fakhreddin, WGC’s managing director, Middle East and Turkey, said the warm, golden glow and timeless immutable qualities of rings and necklaces perfectly epitomises everything a wedding sta....
 
WGC warns gold import duty to hurt bullion market
Ajay Mitra, managing director, Indian Subcontinent, WGC, said: "The Indian gold market is notoriously sensitive to price. We have recently seen record rupee prices, and coupled with the impact of....
 
WGC welcomes US' IMF gold sale approval
The proposal to sell the IMF gold will not constitute any net addition to the amount of gold that the market is expecting from official sector sources, said the Chief Executive of the World Gold Counc....
 
India’s gold import may go up
As the prices have stabilised, till July demand for gold will rise and the imports will also go up, World Gold Council (WGC) officials said.....
 
IMF Gold Sale: WGC welcomes US approval
In a statement, Aram Shishmanian, the WGC's chief executive welcomed the US Congress approval to the IMF gold sale plan. "We are pleased to see that the IMF's plan to sell gold in a structured an....
 
What is the spiritual price of gold?
Considering the importance for gold in Indians’ life, World Gold Council (WGC), an organisation funded by the world’s leading gold mining companies, is exploring the spiritual connection o....
 
WGC, Rio Tinto to help India retail jewellery sales
India’s apex body for jewellery merchants and trade—the All India Gem and Jewellery Trade Federation—is tying up with the World Gold Council (WHC) and Rio Tinto for marketing and adv....
 
WGC plans to introduce gold ETF in China
The World Gold Council is planning to set a gold exchange traded fund (ETF) in China’s mainland with the cooperation of its Chinese partners.....
 
Special gold schemes galore on Akshaya Tritiya
Ranging from jewellery to bars and medallions, WGC has ensured that endless options are available to consumers coupled with exciting offers to make this Akshaya Tritiya truly memorable.
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Gold ETFs stronger by 300%: WGC
According to World Gold Council, inflows into gold ETFs grew throughout the first quarter of 2009. Investors bought a record 469 tonnes of gold in this quarter, breaking the previous quarterly record ....
 
Gold yields an annual average return of 26%: WGC
Gold is turning out to be the best form of investment asset for seasoned traders, financial planners and even house wives, according to a Gold Survey 2009 survey from the World Gold Council. It says g....
 
Jason Toussaint joins WGC as MD of ETG
Toussaint will be based in WGC’s New York Office and joins the organisation from his position as senior vice president and senior investment strategist at Northern Trust Global Investments. He h....
 
WGC to list Dubai Gold ETFs in Saudi Arabia

Wold Gold Council now thinks that it can cross-list the product on other exchanges in the Middle East, particularly in Saudi Arabia. As part of the WGC strategy for exchange traded gold, it has key....

 
WGC schemes to lift Gold sales in India
According to the WGC, the council is working on various marketing initiatives with the retail partners to offer different categories from gold bars, coins and jewelleries to boost sales during Akshaya....
 
Gold jewellery sales up 17% in UAE: WGC
Gold jewellery sales in the UAE has increased by 17 percent in 2008 to cross Dh13.7 billion ($3.72 billion) when compared to Dh11.4 billion ($2.9 billion) during the previous year, according to the Wo....
 
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