Chinese 'Gold ATMs' shine at expo
4 months, 2 weeks ago

Chinese 'Gold ATMs' shine at expo

China Daily  

A Kinghood employee addresses queries on the company's gold exchange machines during the 2024 China Gold Congress and Expo last week. Chinese jewelry company Kinghood Group has rolled out automated gold exchange machines in Shenzhen, Guangdong province, which recently went online in the coastal city in South China. "The system evaluates the gold purity, weight and price within three minutes, and completes the melting inspection and fund transfer process in just 30 minutes, thereby creating an efficient and closed-loop gold trading process," said Xiao Yingjie, brand general manager of Kinghood in Shenzhen. Following the machine's national launch in June, Kinghood debuted its global version at the 2024 China Gold Congress and Expo in Shanghai, a top event for the sector, over the weekend.

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History of this topic

Asia Gold-India discounts at over 2-month highs; China stimulus plan fails to impress
1 week, 3 days ago

Asia Gold-India discounts at over 2-month highs; China stimulus plan fails to impress

Live Mint  

* Price recovery disrupting wedding season demand-Indian dealer * China discounts jump to $19.4-$25 per ounce this week * International spot gold prices headed for weekly gains By Rajendra Jadhav and Rahul Paswan Dec 13 - Gold discounts in India widened this week to their highest level in over two months as a rebound in domestic prices during the wedding …

Gold, silver price today, December 13, 2024: Precious metals witness dip on MCX
1 week, 4 days ago

Gold, silver price today, December 13, 2024: Precious metals witness dip on MCX

India Today  

Both gold and silver prices recorded a dip on the Multi Commodity Exchange on Friday, December 13, 2024. Gold futures, maturing on February 5, 2024, stood at Rs 77,870 per 10 grams on the MCX, after recording a dip of Rs 99 or 0.13 per cent. GOLD, SILVER PRICES IN MAJOR CITIES CITY GOLD SILVER NEW DELHI Rs 7,245 Rs …

Gold rises for fifth day
1 week, 5 days ago

Gold rises for fifth day

Live Mint  

Dec 12 - Gold nudged higher for a fifth straight session on Thursday to hover near a more than two-week peak, supported by increased expectations of an interest rate cut from the Federal Reserve next week after U.S. inflation data came in line with forecast. * U.S. consumer prices increased by the most in seven months in November, but that …

Gold rate today: Check December 10, 2024, prices in your city
1 week, 6 days ago

Gold rate today: Check December 10, 2024, prices in your city

India TV News  

Gold prices witnessed an increase on Tuesday, with the rate of 24-carat gold rising by Rs 180 per gram to Rs 7,796.3, while 22-carat gold climbed Rs 170 per gram to Rs 7,148.3. City-wise gold and silver rates Delhi Gold : Rs 77,963 per 10 grams. Chennai Gold : Rs 77,811 per 10 grams. MCX gold and silver futures Gold …

World’s largest gold deposit worth over £63 billion discovered in China
2 weeks, 3 days ago

World’s largest gold deposit worth over £63 billion discovered in China

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China says it has discovered …

Gold, silver price today, December 3, 2024: Precious metals record hike on MCX
3 weeks ago

Gold, silver price today, December 3, 2024: Precious metals record hike on MCX

India Today  

Both gold and silver prices recorded a hike on the Multi Commodity Exchange on Tuesday, December 3, 2024. Gold futures, maturing on February 5, 2024, stood at Rs 76,764 per 10 grams on the MCX, after recording a jump of Rs 77 or 0.10 per cent. GOLD, SILVER PRICES IN MAJOR CITIES CITY GOLD SILVER NEW DELHI Rs 7,145 Rs …

Asia Gold-India gold premiums steady as price fluctuations stabilise demand
3 weeks, 3 days ago

Asia Gold-India gold premiums steady as price fluctuations stabilise demand

Live Mint  

* Demand was strong at beginning of the week - Indian trader * Demand seen improving with the onset of wedding season in India * China has issued import quotas to manage gold flows - analyst By Rajendra Jadhav and Rahul Paswan Nov 29 - Physical gold premiums were steady in India, as a rise in demand from this week's …

Gold glitter makes Indian households $400 billion richer in one year
3 weeks, 6 days ago

Gold glitter makes Indian households $400 billion richer in one year

Deccan Chronicle  

Chennai: With gold glittering as the best asset class in a world fraught with uncertainties, India emerged as one of the foremost beneficiaries to a stupendous rise in the yellow metal’s price in the last nine months. We have around 700 temples which own gold, including ones like Sri Padmanabhaswamy temple in Thiruvananthapuram, Tirupati Tirumala temple, Vaishno Devi temple and …

Gold prices surge by ₹600 to ₹78,050 amid strong global trends; silver up ₹1,500
1 month ago

Gold prices surge by ₹600 to ₹78,050 amid strong global trends; silver up ₹1,500

Live Mint  

Gold prices rose ₹600 to ₹78,050 per 10 grams in Delhi on Tuesday, November 19, amid a strong global trend in the foreign markets, according to the All India Sarafa Association, reported the news agency PTI. The 99.5 per cent purity gold rose ₹600 to ₹77,650 per 10 grams, compared to ₹77,050 per 10 grams in the previous market session. …

Gold Prices Soar to Record Heights, with Potential for Further Gains
Trending News
1 month, 2 weeks ago

Gold Prices Soar to Record Heights, with Potential for Further Gains

China Daily  

Gold prices are expected to rise further in the coming year, with prices potentially reaching $2,800 per ounce by year-end and even reaching $3,000 next year. Factors driving this rise include the rate-cutting cycle started by the US Federal Reserve and major central banks, a weakening US dollar index, and ongoing geopolitical risks.

Gold prices may rise further in '25
1 month, 2 weeks ago

Gold prices may rise further in '25

China Daily  

By LIU YUKUN | China Daily | Updated: 2024-11-05 10:13 An employee shows gold ornaments at a jewelry firm's display hall in Hangzhou, Zhejiang province. NI LIFANG/FOR CHINA DAILY Gold prices may rise to $2,800 per ounce by year-end and could even reach $3,000 next year, according to recent estimates by financial services provider UBS. The average London Bullion Market …

Gold prices may rise further in '25
1 month, 2 weeks ago

Gold prices may rise further in '25

China Daily  

An employee shows gold ornaments at a jewelry firm's display hall in Hangzhou, Zhejiang province. NI LIFANG/FOR CHINA DAILY Gold prices may rise to $2,800 per ounce by year-end and could even reach $3,000 next year, according to recent estimates by financial services provider UBS. The average London Bullion Market Association pm auction gold price for the third quarter was …

Gold Prices Soar to Record Heights, with Potential for Further Gains
Trending News
1 month, 2 weeks ago

Gold Prices Soar to Record Heights, with Potential for Further Gains

China Daily  

Gold prices are expected to rise further in the coming year, with prices potentially reaching $2,800 per ounce by year-end and even reaching $3,000 next year. This is due to factors such as the rate-cutting cycle started by the US Federal Reserve and major central banks, a weakening US dollar index, and ongoing geopolitical risks.

Gold prices fall ₹1,300 to ₹81,100 per 10 gm amid weak demand from jewellers and retailers; Silver drops by ₹4,600
1 month, 2 weeks ago

Gold prices fall ₹1,300 to ₹81,100 per 10 gm amid weak demand from jewellers and retailers; Silver drops by ₹4,600

Live Mint  

Gold prices in India fell by ₹1,300 to touch ₹81,100 per 10 grams in Delhi on Monday, November 4, after stockists and retailers made a fresh sale of the commodity, PTI reported quoting the All India Sarafa Association. On the other hand, Gold Futures on the Multi Commodity Exchange of India fell 0.42 per cent or ₹329 to ₹78,538 per …

India's Gold Rush: 51% More Than China in 3 Months
Trending News
1 month, 3 weeks ago

India's Gold Rush: 51% More Than China in 3 Months

Firstpost  

India's gold buying surge has been driven by a combination of factors, including the easing of import duties, revenge buying, and wedding and festive demand. The country's demand for gold has surged by 51% in the past three months, with Indians purchasing 248.3 tonnes of gold during July-September 2024. This surge has placed India as the largest gold importer in …

Global Gold Demand Soars 5% in Q3, Hitting 1,313 Tonnes
Trending News
1 month, 3 weeks ago

Global Gold Demand Soars 5% in Q3, Hitting 1,313 Tonnes

ABP News  

Global gold demand surged by 5% in the third quarter of 2024, reaching 1,313 tonnes. This growth was driven by strong investment activity amid record-high gold prices. Central bank gold purchases fell by nearly half, declining 49 per cent to 186.2 tonnes compared to 363.9 tonnes during the same period in 2023.

Gold ETFs: A Rising Trend Amidst Rising Interest Rates
1 month, 3 weeks ago

Gold ETFs: A Rising Trend Amidst Rising Interest Rates

New Indian Express  

Gold ETFs continue to outperform equities, with retail investor accounts in gold ETFs increasing by 15 times over the last five years. The rising retail demand for gold is driven by factors such as central banks' gold purchases and the geopolitical and financial environment. While the 1970s and early 2000s saw significant gold price fluctuations due to wars, central banks …

Gold Prices Soar to New Heights in Dhanteras and Diwali, Touching ₹80,000 per 10 Grams
1 month, 4 weeks ago

Gold Prices Soar to New Heights in Dhanteras and Diwali, Touching ₹80,000 per 10 Grams

Hindustan Times  

Gold prices have surged nearly 30% this year during Dhanteras and Diwali, reaching a record high of ₹80,000 per 10 grams. This surge is attributed to several factors, including geopolitical tensions like the Russia-Ukraine war and the Israel-Gaza conflict, as well as China's central bank's decision to reduce its 1-year and 5-year prime loan rates by 25 basis points.

Gold Soars to New Record Highs, While Dollar's Rise Dampens Its Influence
2 months ago

Gold Soars to New Record Highs, While Dollar's Rise Dampens Its Influence

Live Mint  

Gold prices soar to record highs, defying the trend of a rising dollar. Spot gold reaches $2,755.30 per ounce, while gold futures rise by 0.3%. The Federal Reserve's upcoming interest rate decisions will likely influence the price of gold, with a 92% probability of a 25-basis-point rate cut in November and another 25-bps cut by the end of the year.

Silver Outshines Gold: A Stellar Run for a Precious Metal
Trending News
2 months ago

Silver Outshines Gold: A Stellar Run for a Precious Metal

Live Mint  

Silver prices have surged to new heights, with silver prices surpassing the ₹1 lakh mark in the physical market. This surge has been driven by rising tensions in the Middle East, interest rate cuts by the ECB, and uncertainty surrounding the upcoming US election. In contrast, gold prices have risen by 33.3% compared to their closing price at the end …

After gaining 29% so far this year, gold may sizzle at Rs 8,000 per gram by December
2 months, 3 weeks ago

After gaining 29% so far this year, gold may sizzle at Rs 8,000 per gram by December

New Indian Express  

MUMBAI: Bullion prices continued to sizzle for the third day, on the back of the global rally that has gained an unprecedented speed since the US Fed cut the interest by 50 bps for the first time in four years. “We are revising up our 2024 gold price forecast from $2,250/oz to$2,375/oz, expecting gold prices to trade within the range …

Chinese 'Gold ATMs' shine at expo
4 months, 2 weeks ago

Chinese 'Gold ATMs' shine at expo

China Daily  

A Kinghood employee addresses queries on the company's gold exchange machines during the 2024 China Gold Congress and Expo last week. Chinese jewelry company Kinghood Group has rolled out automated gold exchange machines in Shenzhen, Guangdong province, which recently went online in the coastal city in South China. "The system evaluates the gold purity, weight and price within three minutes, …

Nation's appetite for gold investment up in Q2
4 months, 3 weeks ago

Nation's appetite for gold investment up in Q2

China Daily  

An employee sorts gold items at a jewelry shop in Renhuai, Guizhou province. China saw a notable increase in investment sentiment for gold in the second quarter and may witness a further rise in investor appetite for such safe-haven assets, said the World Gold Council on Tuesday. Investment in gold bars and coins surged to 80 tons last quarter, up …

Nation's appetite for gold investment up in Q2
4 months, 3 weeks ago

Nation's appetite for gold investment up in Q2

China Daily  

An employee sorts gold items at a jewelry shop in Renhuai, Guizhou province. China saw a notable increase in investment sentiment for gold in the second quarter and may witness a further rise in investor appetite for such safe-haven assets, said the World Gold Council on Tuesday. Investment in gold bars and coins surged to 80 tons last quarter, up …

High Prices Lead To 5% Decline In India's Gold Demand For June Quarter: Report
4 months, 3 weeks ago

High Prices Lead To 5% Decline In India's Gold Demand For June Quarter: Report

News 18  

India’s gold demand declined 5 per cent to 149.7 tonnes during the June quarter, due to record high prices, the World Gold Council said in a report on Tuesday. Sachin Jain, CEO, WGC Regional, India, said, “India’s gold demand softened slightly in the second quarter of 2024, reaching 149.7 tonnes, down 5 per cent year-on-year. Further, the report said the …

China's gold jewellery demand falls as international gold prices rise as global central banks buy gold
4 months, 3 weeks ago

China's gold jewellery demand falls as international gold prices rise as global central banks buy gold

Hindustan Times  

China, one of Asia's biggest consumers of gold apart from India is slowly turning its back against it, Christopher Wood, global head of equity strategy at Jefferies wrote in his weekly note to investors, GREED & fear, adding that Gold recently moved to a discount in Shanghai for the first time since June 2023, dropping from a $63/ounce premium to …

Chinese gold market to continue driving global gold market innovation: World Gold Council CEO
4 months, 3 weeks ago

Chinese gold market to continue driving global gold market innovation: World Gold Council CEO

China Daily  

A shopper tries on a gold bracelet at a jewelry store in Chongqing. SUN KAIFANG/FOR CHINA DAILY SHANGHAI - The Chinese gold market has transformed from being a follower to a leader in several key areas and is set to continue driving innovation in the global gold market for years to come, said David Tait, Chief Executive Officer of the …

China's foreign exchange reserves total $3.2224t
5 months, 2 weeks ago

China's foreign exchange reserves total $3.2224t

China Daily  

Xinhua | Updated: 2024-07-08 10:11 BEIJING - China's foreign exchange reserves stood at $3.2224 trillion at the end of June 2024, official data showed Sunday. The amount shrank by 0.3 percent compared with the previous month, the State Administration of Foreign Exchange said, attributing the decrease to the combined impact of currency translation and asset price changes. The Chinese economy …

Jewelry companies look to cash in on surging gold prices
6 months, 1 week ago

Jewelry companies look to cash in on surging gold prices

China Daily  

Customers select gold jewelries at a Lao Feng Xiang outlet in Shanghai. Gold consumers are usually older people, but since the launch of the Cang Bao Jin products many young people, including women aged in their 20s, are buying gold fashion accessories, Cao said. Lu from Lao Feng Xiang said, "entering March and April, the market stagnancy spread as more …

China’s central bank to return to gold buying as prices ease, analysts say
6 months, 1 week ago

China’s central bank to return to gold buying as prices ease, analysts say

Live Mint  

By Brijesh Patel and Ashitha Shivaprasad SINGORE, - China, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from the record highs hit in May, as the fundamental case for the metal remains, industry players said at a conference this week. After adding to its gold reserves for 18 consecutive months, …

Gold demand in India expected to be 700-800 tonnes in 2024: WGC India CEO Jain
6 months, 2 weeks ago

Gold demand in India expected to be 700-800 tonnes in 2024: WGC India CEO Jain

Live Mint  

NEW DELHI : Gold remains a favoured hedge, with demand not shrinking despite prices shooting up. The demand for gold in India in 2024 is likely to be similar to last year, Sachin Jain, the chief executive, World Gold Council, said in an interview. If there is more consistency in prices, we foresee the demand to touch around 800 tonnes," …

Gold maintains glitter as haven for investors
7 months, 1 week ago

Gold maintains glitter as haven for investors

China Daily  

A shopper tries on a gold bracelet at a jewelry store in Chongqing. The attractiveness of gold is expected to increase in the months to come, fueled by prudent domestic monetary policy and lower interest rates, which will further reduce the cost of investing in gold and prompt investors to seek other wealth storage options like precious metals, said Wang …

Gold rush in India despite price hike
7 months, 2 weeks ago

Gold rush in India despite price hike

Deccan Chronicle  

Hyderabad: Notwithstanding skyrocketing prices of gold, consumers in India continue to invest in the precious metal, with overall demand rising 8% taking it to 136.6 tonne in the first quarter of 2024, against 126.3 tonne in the corresponding quarter of 2023, according to the World Gold Council. In India, the total jewellery demand went up a modest 4% to 95.5 …

China influencing global gold prices with robust demand
7 months, 2 weeks ago

China influencing global gold prices with robust demand

Hindustan Times  

Amid geopolitical and economic uncertainties, gold has emerged as a favored investment, witnessing a significant price surge triggered by Russia's invasion of Ukraine and the conflict between Israel and Palestine. China's already substantial impact on gold markets has become even more pronounced during this recent bullish trend, marked by a nearly 50 per cent surge in global prices since late …

Gold prices rise for sixth week on rising Iran-Israel war fears. US Fed rate, US dollar price in focus
8 months ago

Gold prices rise for sixth week on rising Iran-Israel war fears. US Fed rate, US dollar price in focus

Live Mint  

Gold rate today: Amid rising geo-political tension in the Middle East region on the rising fears of the Iran-Israel war, gold prices continue to scale high for the sixth week in a row. According to commodity market experts, the gold rate today is on an uptrend due to the rising geo-political risk in the Middle East after the alleged reports …

Gold prices jump after escalation in Iran-Israel tensions. Should you buy in this rally?
8 months ago

Gold prices jump after escalation in Iran-Israel tensions. Should you buy in this rally?

Live Mint  

Gold rate today: On account of rising geo-political tension in the Middle East region, gold prices witnessed buying interest during the early morning session on Friday. In the international market, spot gold price also showed upside movement and came close to $2,400 per troy ounce levels in early morning deals. The Middle East tension has risen after reports of Israel's …

Rush for gold spurs price to peak; related assets climb
8 months, 2 weeks ago

Rush for gold spurs price to peak; related assets climb

China Daily  

Consumers browse gold accessories at a store in Nanjing, Jiangsu province, in March. Wang Lixin, CEO of the World Gold Council, said market expectations of interest rate cuts by the US Federal Reserve have been among the key factors supporting the strong increase in gold prices. Wang said: "Generally, when the Fed enters a rate-cutting cycle, it inevitably leads to …

Foreign exchange reserves reach highest in 2 yrs
8 months, 2 weeks ago

Foreign exchange reserves reach highest in 2 yrs

China Daily  

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. China's foreign exchange reserves reached the highest level in more than two years, standing at $3.2457 trillion as of the end of March, while gold reserves increased for the 17th consecutive month, the State Administration of Foreign Exchange said on Sunday. The …

Gold rate today, 5th April 2024: Gold price dips 0.5%, silver price crashes over ₹1000/kg as US dollar rate rebounds
8 months, 2 weeks ago

Gold rate today, 5th April 2024: Gold price dips 0.5%, silver price crashes over ₹1000/kg as US dollar rate rebounds

Live Mint  

Gold rate today: After climbing to record highs on Thursday, gold and silver prices came under sell-off pressure as the US dollar bounced back in early morning deals on Friday. The MCX gold rate for June 2024 expiry opened lower at ₹69,297 per 10 gm, which is around 0.50 percent lower from Thursday's close price of ₹69,707 per 10 gm …

What’s next for gold? Look to China for clues
8 months, 3 weeks ago

What’s next for gold? Look to China for clues

Live Mint  

The country’s central bank has pushed its gold reserves to a record level. State Street Global Advisors, which manages the world’s largest spot-gold ETF, was more bullish: The firm said it expects gold prices to reach between $2,200 and $2,400 once the Fed starts to lower rates later this year. The People’s Bank of China bought more gold than any …

Explained: Why are gold prices rising across the globe? What to expect in March
9 months, 1 week ago

Explained: Why are gold prices rising across the globe? What to expect in March

Hindustan Times  

Gold prices are on the rise across the globe, with the yellow metal recently hitting its peak in India at ₹65,298 per 10 grams on the MCX. Gold prices are on a rise across the globe The anticipation linked to the US Federal Reserve rate cut has made a significant impact on both domestic and international markets, adding to the …

Gold back in favor as Gen Z buys
9 months, 3 weeks ago

Gold back in favor as Gen Z buys

China Daily  

A shopper looks at gold ornaments at a jewelry store in Suzhou, Jiangsu province. As the world's largest precious metals market geared up for the Chinese New Year celebrations this year, gold jewelry and the Year of the Dragon gold bars have emerged as the most popular products, according to the China Gold Association. The domestic gold consumption market has …

Gold demand in India may hit 900 tonnes this year
10 months, 1 week ago

Gold demand in India may hit 900 tonnes this year

Live Mint  

The demand for gold in India, which has been in the range of 700-800 tonnes annually since 2019, is expected to increase to 800-900 tonnes in the calendar year 2024 on the back of robust economic growth and higher income, Somasundaram P.R., managing director at the World Gold Council, told Mint. However, a pick up in the purchase of gold …

Domestic gold sales glow bright in 2023
10 months, 3 weeks ago

Domestic gold sales glow bright in 2023

China Daily  

A shopper tries on a gold bracelet at a jewelry shop in Chongqing. SUN KAIFANG/FOR CHINA DAILY China continues to lead global demand for gold jewelry and has secured the top spot in worldwide central bank gold purchases last year, making it an important force driving global consumption of the precious metal, said a report by the World Gold Council …

Global Gold Demand Slips 5% In 2023, China Leads With 17% Demand For Jewellery After Pandemic: WGC
10 months, 3 weeks ago

Global Gold Demand Slips 5% In 2023, China Leads With 17% Demand For Jewellery After Pandemic: WGC

ABP News  

Global gold demand reduced by 5 per cent in 2023, against the preceding year, owing to continuing Exchange-Traded Fund outflows, the World Gold Council revealed in its report. The report titled, ‘WGC’s Gold Demand Trends 2023’, found that global gold demand stood at 4,448.4 tonne in 2023, against 4,699 tonne in 2022. The report found that the global jewellery market …

【双语财讯】2023年我国黄金消费量同比增长8.78%
10 months, 3 weeks ago

【双语财讯】2023年我国黄金消费量同比增长8.78%

China Daily  

2023年全国黄金消费量为1089.69吨，同比增长8.78%。其中，黄金首饰消费706.48吨，同比增长7.97%；金条及金币消费299.6吨，同比增长15.7%；工业及其他用金83.61吨，同比下降5.5%。 China consumed 1,089.7 metric tons of gold last year, up 8.78 percent year-on-year, according to data released by the China Gold Association. 中国黄金协会发布的数据显示，2023年全国黄金消费量为1089.69吨，同比增长8.78%。 Growing risk-aversion by investors due to a volatile global financial environment has contributed to the "gold rush", said Zhao Xiangbin, chief strategist at Beijing Gold and Forex Fortune Investment Management. “在金价将再创新高的预期刺激下，市场预期消费情绪积极乐观。中国黄金行业近年来加大了新技术和资金投入，这将进一步促进黄金产量和消费量的增长。” Consumption of gold jewelry in …

China's forex reserves expected to increase in 2024
11 months, 2 weeks ago

China's forex reserves expected to increase in 2024

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. China's foreign exchange reserves will likely see a moderate increase this year amid improving export growth and recovering capital inflows after hitting a two-year high in December, experts said on Monday. Their comments …

Demand for gold set to keep glittering
1 year, 1 month ago

Demand for gold set to keep glittering

China Daily  

A shopper tries on a gold bracelet at a jewelry shop in Chongqing. Demand for gold bars and coins in China surged to 82 metric tons in the third quarter despite soaring gold prices, marking a remarkable 66 percent surge on a quarter-to-quarter basis and a 16 percent year-on-year increase from the high base in the third quarter of 2022, …

Will gold continue to shine? Depends on what India does this festive season
1 year, 1 month ago

Will gold continue to shine? Depends on what India does this festive season

Firstpost  

Gold prices near record highs could dampen demand in India during the peak festival season and lead to the lowest purchase volumes in three years, the World Gold Council said on Tuesday Gold prices near record highs could dampen demand in India during the peak festival season and lead to the lowest purchase volumes in three years, the World Gold …

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