The Global Experts on Gold

Global physically backed gold ETFs saw inflows six months in a row, adding US5ドル.2bn in November. Asian investors (+US3ドル.2bn) bought the most whilst North America (+US1ドル.1bn) and Europe (US978ドルmn) also experienced positive flows.

Gold has experienced a remarkable 2025, achieving over 50 all-time highs and returning more than 60% as of the end of November, driven by heightened risk, dollar weakness and price momentum.

A momentum flush out and stronger dollar contributed to a see-saw for gold from its 50th all-time high. But gold still managed good gains in October.

Ensuring high ESG standards across the gold supply chain

Analysing gold’s relationship with climate change

Understanding gold’s role in socio-economic development

Data on sectors of gold demand, supply, productions costs and futures market positioning

Benchmark gold prices, gold futures curves and local price premium/discount

Returns, volatility, correlations and trading volumes for gold, bonds, equities and other major asset classes

Data on central bank gold holdings, sales and purchases, as well as insights from annual surveys into central bank attitudes towards gold.