Breaking News

Tag Archives: World Gold Council

Man vs. Machine in Battle for a Better Stock Index; Strategy of ADM approach to Bunge; DTCC’s Vision For U.S. Equity Market Structure John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff SGX reported that the Emerging Markets Asia Index jumped 40 percent in 2017, surpassing the 20 percent rise in the MSCI World Index. SGX’s MSCI Taiwan Index rose 14 percent. ~JK Part 2 of CME Group’s five-part Webinar Series “Inside Eurodollar, US Treasury and Fed Fund Futures Markets” takes place this Wednesday, Jan 24. The topic is the practical application of U.S. Treasury futures. You can go here to register.~SR HKEX set a new turnover record in futures and options today, with a day session record of 1,779,740 contracts and whole day total…

Yes, Precious: World Gold Council, LME and Banks to Launch New Gold, Silver Contracts Commentary

Doug Ashburn

Sometimes the best ideas are worth waiting 139 years for. On August 9, 2016, the World Gold Council and the London Metal Exchange, together with a consortium of banks, announced a planned launch of LMEprecious, a new platform for spot, daily and monthly futures, options and calendar spread contracts for gold and silver, with platinum and palladium planned for down the road. This will mark the second attempt at a gold futures contract at the 139-year-old LME. The previous one, London Gold Futures Market, launched in 1982 and never really caught on. It was shuttered three years later. In an early-morning interview…

The ETF That Glitters: An Interview with William Rhind, CEO of World Gold Trust Services Blog,Financials,Interview,Metals

Today, November 18, is the 10-year anniversary of the launch of the SPDR Gold Shares ETF (“GLD”), the first physically-backed gold ETF to launch in the US. The ETF was an instant success, gathering $1 billion in the first three days of trading.  It became the largest ETF in the world for one day in 2013, and it is currently the largest gold ETF and the largest physical gold fund. We spoke with Will Rhind, the new CEO of World Gold Trust Services, a subsidiary of the World Gold Council, on the anniversary of the launch and what is ahead…

Five Minutes with Gargi Shah, metals analyst Interview,Metals

Gargi Shah is an independent analyst based in Mumbai, India, and was most recently a metals analyst with GFMS Ltd. (now Thomson Reuters GFMS), the London-based precious metals consultancy firm. She is a lawyer, and pursued a career in corporate law prior to entering the metals market as a commodities reporter for a national daily. JLN editor-in-chief Jim Kharouf spoke with her about India’s role in the gold market, the recent jewelers strike in India and China’s influence on the gold market.  Q: Gold is interesting because there are many factors that impact gold prices – inflation forecasts and the…

Five Minutes with Juan Carlos Artigas Interview,Metals

Juan Carlos Artigas

Juan Carlos Artigas is the global head of investment research at the World Gold Council in New York, where he is in charge of writing strategic and research notes that put gold in the context of global financial markets. He spoke at the Initiatives in Art and Culture gold conference about global and individual diversification of investments using gold and answered a few questions from JLN Metals editor Nicole V. Rohr. Q: How has global gold supply and demand shifted? A: If you looked at demand flow and supply flows a couple of years ago, you would have seen three…

John Lothian Newsletter: Traders boycott CME Eurodollar options; Clearing houses face capital stress tests; Senators defend CFTC in court over position limits John Lothian Newsletter,Newsletter

Independent traders at CME Group put hands in pockets on Friday and refused to trade Eurodollar futures in protest against private block trades. New global clearing house rules from IOSCO prescribe large capital buffers and stress tests. In the USA, senators have filed a brief in support of the CFTC’s efforts to impose position limits in the oil market. SIX Group in Switzerland says they’ve got a billion Swiss francs in a suitcase and are looking for something good to buy. In the top box, Nicole Rohr provides commentary from last week’s gold conference in New York, and an interview…