But a deceleration below that level could bring additional pressures to gold. Signs of demand revival are emerging as the gold jewellery market gears up for the upcoming festive and wedding season (from early August to year-end). Anecdotal reports from industry stakeholders suggest a positive outlook. This optimism was evident at the recent India International Jewellery Show (IIJS),6 the country’s largest jewellery trade fair.

Annual gold demand (excluding OTC) of 4,448t was 5% below a very strong 2022. Inclusive of significant OTC and stock flows (450t), total gold demand in 2023 was the highest on record at 4,899t. We’ll continue to forge new ideas that address inflection points throughout clinical trials to enhance outcomes, reduce risk, and stimulate growth. InvestigatorSpace provides a seamless experience for sponsors, CROs, and sites to exchange critical study information in one location through its best-in-class workflows and CTMS and eTMF system integration capabilities. Simplify global regulatory document complexity with centralized documentation that improves communication to sites, provides consistent monitoring, increases efficiency, and ensures compliance. Provide standardized endpoint training to raters, ranging from minimal to highly experienced, for accurate, consistent, and objective endpoint outcomes.

• With built-in distribution rules for more than 125 countries, InvestigatorSpace sends notifications of safety events (adverse event, SAE, SUSAR, and VAERS) in a globally compliant, centralized, and automated process.
• Reproduction or redistribution of any of this information is expressly prohibited without the prior written consent of World Gold Council or the appropriate intellectual property owners, except as specifically provided below.
• WIRB becomes the first organization of its kind, dedicated to protecting the rights and welfare of patients involved in clinical trials.

WGC assumes no responsibility for updating any forward-looking statements. While gold investment may have been supported by falling local equity markets, the listing of three new gold funds in late March also helped. CME futures traders locking on gold price in 2030 of $4,350, with some analysts suggesting more adoption could push levels closer to $5,000. Unlike bonds or equities, it generates no yield, which can weigh during periods of economic optimism. The gold price outlook is not immune to sharp corrections if key drivers shift.

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3Our analysis, based on QaurumSM, suggests that, holding everything else constant, a net 30 tonne increase translated to approximately a 1% rise in the gold price. Gold is likely to remain rangebound if existing market expectations are correct. However, a combination of higher rates and lower economic growth could negatively affect investors and consumers.

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The 10-year US Treasury yields rose by 100bps in Q1, as the Fed, among others, confirmed the hawkish shift to combat rapidly rising prices. The People’s Bank of China has been adding gold for nine consecutive months, reflecting a strategic push to diversify away from the US dollar impact on gold prices. The National Bank of Poland leads 2025 purchases with 67 tonnes, cementing its role as the largest European buyer. Turkey and Kazakhstan maintain steady additions, signaling that emerging markets anchor the long-term gold price prediction, according to WGC data. As we look into 2025, market consensus suggests that the Fed will deliver 100 bps in cuts by year end, with inflation softening but still above target.

WCG acquires Patient Genesis’ ConsentNow ™ eConsent technology

Array is a leading content engagement partner for life sciences events that offers a unique combination of data, technology, and engagement services proven to enhance business results and drive actionable insights. The rebranding represents the full integration of WCG’s companies and emphasizes WCG’s commitment to partner with stakeholders to bring life-changing therapies to patients, faster. The look and feel better reflects the company’s true identity as a leader, providing the connectivity, technology, data intelligence, and expertise required to successfully advance clinical research. WCG acquires leading provider of eResearch solutions for the comprehensive, automated management of institutional clinical research. With this in mind, we provide a comprehensive and competitive benefits package to our employees and their family that supports and maintains good physical, emotional, and financial health.

WIRB pioneers the concept of Independent Ethical Review

The addition of KMR Group and MCC positions WCG’s Market Insights and Intelligence Division as the preeminent clinical trial benchmarking and research service in the industry. Each year, WCG’s IRB Review Solutions reviews more than 1,000 oncology protocols and oversees significant advances in gene therapy, targeted treatments, and companion diagnostics. During our 55-year history through our predecessor companies, WCG has embraced its role as a “Servant to Mankind.” At the core of our mission, we apply leading scientific knowledge and proprietary technology to advance life-saving innovations.

8Y-t-d, as of 24 February, gold ETFs have amassed inflows of US$10.3bn, increasing holding by 113t – the strongest two-month period in two years. This may not be the last time we see temporary distortions in the gold market. The signs are, however, that the depth and liquidity of the gold market is able to absorb – over time – most of these shocks. By receiving this information, you agree with the intended purpose of this information as being for educational purposes only. Diversification does not guarantee any investment returns and does not eliminate the risk of loss. Forecasts, even from institutions like HSBC gold forecast 2025 or Goldman Sachs gold prediction, remain subject to change.

Around two-thirds of this growth is likely to come from Canada, China and Ghana. A mild Northern Hemisphere winter has helped Q1 off to a good start, but a sizeable swing in hedging makes the y/y comparison weaker for total mine supply. Technology demand is set to produce some solid growth, particularly in the chip and automotive segments. Elsewhere, Chinese funds continue to attract inflows at a solid clip having seen 29t of inflows in the four weeks to 19 April versus 36t of outflows from Europe and neutral US flows over the same period.

Unexpected shifts in the global economy and gold can invalidate even the most wcg gold price rigorous models. Equity exposure benefits from operational leverage, though geopolitical and production risks remain. These are direct and secure ways to lock in value regardless of gold ETF performance volatility. Without inflation pressures, gold may struggle to compete with yield-generating alternatives.

• Login to filter countries by characteristic, economic data category and geography, view data over a date range, compare dates and download data.
• The percentage share held in gold of total foreign reserves is calculated by the World Gold Council.
• These are direct and secure ways to lock in value regardless of gold ETF performance volatility.
• The decline was driven largely by weakness in China (down 24% year-on-year), though Indian demand remained resilient, dropping just 2% in 2024, in a record high price environment.
• Global gold demand reached all-time peaks for any third quarter during the last three-month period, the World Gold Council (WGC) said on Wednesday.

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This information is not a recommendation or an offer for the purchase or sale of gold or any products, services, or securities. Despite a Q4 recovery in electronics, the annual volume of gold used in technology fell below 300t for the first time in our data series. The Vigilare acquisition expands WCG’s scientific review offering by adding the top provider of integrated, end-to-end pharmacovigilance and drug safety solutions for the biopharmaceutical and biotech industry. The WCG Gene Therapy Advisory Board is assembled to advise the company on the latest advances in the complex and fast-growing field of human gene therapy research.

The positive momentum has carried into August, with partial data for the first two weeks indicating higher inflows into Indian gold ETFs. This information does not take into account any investment objectives, financial situation or particular needs of any particular person. In addition, despite the prospect of higher nominal rates, both nominal and real yields remain historically low.

Central bank gold reserves are being expanded in emerging markets as part of de-dollarization, while the Fed policy impact on gold seems to be broken now. This unique alignment of monetary policy, geopolitical tensions, and capital flows sets the stage for transformative price action. Gold is an important component of central bank reserves because of its safety, liquidity and return characteristics – the three key investment objectives for central banks. As such, they are significant holders of gold, accounting for around a fifth of all the gold that has been mined throughout history.