ETF gold demand from investors has soared over the past year. The unprecedented fiscal and monetary stimulus were rolled out to tackle the effects of Covid -19. However, consumer demand, particularly but not surprisingly, jewellery demand slumped. What’s in store for gold demand fundamentals for 2021? Increased consumer demand in China and India will help support the gold price in 2021. There is little doubt that investment demand – especially into Exchange Traded...
Read More »Swiss refiner comes up with method to verify gold’s origin
The “geoforensic passport” was developed jointly with the University of Lausanne and co-financed by the Swiss government’s innovation agency. Keystone/Sandro Campardo Metalor, one of the world’s biggest gold refiners, has developed a way to quickly confirm where gold had been mined, potentially stopping illegal gold from entering supply chains. The Swiss-based company announced that it has devised the method with the University of Lausanne in a 26-month-long research...
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