World Gold Council

Gold might be getting an extra sheen now. The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), along with the World Gold Council, announced Monday issuance of Shari'ah Standard No. 57 on Gold and its Trading Controls, paving the way for using gold as an...

Count the Sprott Gold Miners ETF (ALPS ETF Trust (NYSE: SGDM)) among this year's high-flying gold miners exchange-traded funds. SGDM, which is just a few days shy of its second anniversary, is up more than 114 percent year-to-date. Hooray For Gold SGDM's underlying index “seeks to...

Will Rhind is the CEO of World Gold Trust Services, LLC, a subsidiary of the World Gold Council. World Gold Trust serves as the sponsor of SPDR Gold Trust (ETF (NYSE: GLD), the world's largest physically backed gold ETF. The World Gold Council's membership is comprised of the largest miners in the...

Futures Flat After Strong Japanese GDP U.S. equity futures traded just near unchanged in early pre-market trade following a stronger than expected GDP report from Japan. Japan reported first quarter GDP rose 3.5 percent on an annualized basis, better than the 2.7 percent expected growth rate....

Gold prices have rallied about 20 percent since the start of November, and are now hovering around US$1,130 an ounce. But analysts said those levels are not expected to last because profit-taking may set in before year-end, as investors unwind their positions. The longer term view for gold is...