As per the WGC, the gold ETF outflows were primarily driven by Asia and North America, which saw amounts worth USD 12 billion and USD 11 billion, respectively...
Some central banks are also buying gold from small-scale domestic producers to support the local industry and to stop those gold sales from going to bad actors...
Bahrain's International Islamic Financial Market (IIFM) and World Gold Council led the IIFM-WGC Industry Consultative Meeting on Gold Documentation and Products Standardisation in Istanbul, Turkey...