The World Gold Council’s Q2 2025 Gold Demand Trends report shows global demand rose 3% year-over-year to 1,249 tonnes, driven by record investment flows. ETFs gained 170 tonnes and bar and coin demand reached 307 tonnes, led by China and India. Central banks added 166 tonnes, a slowdown but still above historical averages. Jewellery demand fell 14% to 341 tonnes, the lowest since 2020, while spending rose 21% to $36 billion. Technology demand slipped 2%, and supply hit a Q2 record with 909 tonnes of mine output. Recycling rose modestly, and de-hedging continued for a sixth quarter.
Read More »Video: India to Pay for Iranian Crude Oil in Gold Instead of Dollars (+2K Views)
The EU has delivered on its threat to ban the import of crude oil from Iran, in response to its nuclear programme. The latest round of sanctions prohibits any new oil contracts, while allowing for existing deals to run until July but Tehran is apparently finding ways to keep business pumping. Reports say Iran will keep supplying one of its biggest customers - India - but will get payment in gold instead of dollars. Video* length: 02:37 minutes.
Read More »What Happens to Oil Prices if Israel Bombs Iranian Nuclear Facilities? (+2K Views)
We now believe that there is at least a 50% probability of Israeli airstrikes against Iranian nuclear sites... Iran has multiple retaliatory options at its disposal...[and it begs the question:] Which options would most adversely affect the price of oil? [Let's take a look at what those options would be.] Words: 544
Read More »"Forces of Fortune: The Rise of the New Muslim Middle Class" – A Book by Vali Nasr (+2K Views)
A sunny vision of that region's future that should interest anyone concerned with global business or politics. He argues that entrepreneurial, religiously conservative contingents in such countries as Turkey, Pakistan, and Iran can propel the Middle East into a democratic and prosperous 21st century. Words: 676
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