Nov 22

European Commission Green Paper on Stability Bonds

Published 23rd November 2011

Categories:
Reserve asset management


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Nov 17

Gold Demand Trends Q3 2011

Latest Issue: Gold Demand Trends Q3 2011

17 Nov, 2011

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The World Gold Council’s Gold Demand Trends (GDT) is the leading industry resource for data and opinion on world-wide gold demand. Our quarterly publication examines demand trends by sector and geography. The most recent review of the third quarter of 2011 comprises four sections;

Overview – Summary of the factors driving gold demand in Q3 2011, together with forward looking views and opinions on the dynamics and trends in the gold market at a regional and sector level*.

Focus Report – A snapshot from the start of each decade since 1970 reveals that gold market fundamentals have experienced dramatic change. We examine the shifting market dynamics over this time, discuss the reasons for the change and consider the implications.

Global gold market – Third quarter 2011 review – demand and supply synopsis.

Gold Demand Statistics (GDS) – Gold demand and supply statistics for the quarter. These statistics are supplied by Thomson Reuters GFMS.

Previous Issues

Nov 15

Jason Toussaint rings the NYSE Closing Bell

Published 16th November 2011

Categories:
Investment

Oct 31

The evolving structure of gold demand and supply

Published 1st November 2011

Categories:
Supply and demand, Investment


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A snapshot from the start of each decade since 1970 reveals that gold market fundamentals have experienced dramatic change. We discuss the drivers for and the implications of these changes.

Oct 25

黄金:另类投资、基础资产

Published 26th October 2011

Categories:
Investment


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Sep 13

資産クラスとしての“金”

Published 14th September 2011

Categories:
Investment

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過去約11年間円ベースでの金価格は4倍となり他の伝統的資産と比較して圧倒的に有意なパフォーマンスを実現している。金のボラティリティは、円ベースでもドルベースでもほぼ同水準であり日本株程度である。金は日本債券とは相関がなく、株式との相関もかなり弱い。企業年金を例にとりシミュレーションを行った結果、伝統的資産に変えて金を3%あるいは5%組み入れることで、リスク・リターンが改善されることが確認できた。

日本の機関投資家が金の役割を評価し、金投資をひとつの資産クラスとして考えて投資をするための基本的情報を提供する。円ベースでの金価格、リスクおよびリターンの特性、株式や債券等の主要な資産クラスと対比した分析を行っている。また、ポートフォリオに金を組み込んだ場合の効果、ポートフォリオにおける金の役割について考察する。