The World Gold Council today launched a one-off essay collection, Gold 2048, bringing together industry-leading experts from across the globe to analyse how the gold market is set to evolve in the next 30 years.
Key conclusions emerging from authors such as George Magnus, senior economist; Rick Lacaille, Global Chief Investment Officer of State Street Global Advisors; and Michelle Ash, Chief Innovation Officer at Barrick Gold include:
- The expanding middle class in China and India, combined with broader economic growth, will have a significant impact on gold demand.
- Use of gold across energy, healthcare and technology is changing rapidly. Gold’s position as a material of choice is expected to continue and evolve over the coming decades.
- Mobile apps for gold investment, which allow individuals to buy, sell, invest and gift gold will develop rapidly in India and China.
- Environmental, social and governance issues will play an increasing role in reshaping mining production methods.
- The gold mining industry will have to grapple with the challenge of producing similar levels of gold over the next 30 years to match the volume it has historically delivered.
Aram Shishmanian, CEO of the World Gold Council commented: “Since its creation in 1987, the World Gold Council has worked with policymakers, regulators and industry participants to drive understanding of and, ultimately, demand for gold.” “The next 30 years will no doubt bring significant changes – some we anticipate, some that none of us predict. I am delighted that in Gold 2048 we have brought together a stellar set of contributors – economists, investment managers, leaders in the mining industry, as well as our own specialists – to consider the global trends and dynamics that will drive this fascinating market forward.” The full collection is available for download here: Report Gold 2048. You can follow the World Gold Council on Twitter at @goldcouncil.
(Press release of the World Gold Council, 17 May 2018)
Why LIEMETA ME LTD?
Liemeta ME Ltd, Nicosia, Cyprus, provides physical storage of precious metals at its prime location in Liechtenstein as well as trade services of precious metals, mainly Gold, Silver, Platinum and Palladium.
Your precious metals are safely and securely stored “segregated and allocated” and we are one of the few physical storage houses for precious metals that provide full-cover insurance including embezzlement.
Your stored asset is fully legally owned by you, client assets are of course not on our companies’ balance sheets.
We are a privately owned, independent and non-bank company, meaning that our services do not fall within the scope of CRS or AEOI.
We provide 100% discretion, 24/7 access to your stored assets at our sophisticated unit and high-security building.
You are welcome to contact us through the below contact form.
We do not offer investment advice:
This information is provided solely for general information and educational purposes. It is not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell.
