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World Gold Council moves to modernise gold trading as demand surges
With global gold demand at its highest level on record, the World Gold Council is considering ways to simplify access to physical gold, including pooled gold interests and wholesale digital gold. Chief financial officer Terry Heymann told Moneyweb on the sidelines of this year’s Mining Indaba in Cape Town that the initiatives are aimed at making gold trading more accessible to a wider range of investors. “One of the great things about gold is just how diverse the demand is and continues to be,” Heymann says. The World Gold Council’s latest Gold Demand Trends report shows that global gold demand reached a new ... (full story)