World Gold Council Focuses on Relevance of Gold as a Strategic Asset

From scrapmonster.com

The World Gold Council (WGC), in its new report focuses on the relevance of gold as a strategic asset in the UK. According to WGC, the investment demand for gold has witnessed robust growth since 2001, with the advent of new products such as gold-backed exchange-traded funds (ETFs). The tremendous expansion of middle class in Asian countries, coupled with increased buying of gold by central banks across the world to their foreign reserves have also contributed to gold’s rising investment demand. As of today, gold is more relevant than ever for investors. The Council’s report analyzes reasons behind gold emerging ... (full story)