Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, May 17 2018 - 16:00
AsiaNet
The 30-Year View: Examining the Future of Gold
LONDON, May 17, 2018 /PRNewswire-AsiaNet/ --

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 
re- shaping 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: 
https://www.gold.org/research/gold-2048

You can follow the World Gold Council on Twitter at @goldcouncil and Like on 
Facebook.

Note to editors: 

World Gold Council

The World Gold Council is the market development organisation for the gold 
industry. Our purpose is to stimulate and sustain demand for gold, provide 
industry leadership and be the global authority on the gold market.

We develop gold-backed solutions, services and products, based on authoritative 
market insight and we work with a range of partners to put our ideas into 
action. As a result, we create structural shifts in demand for gold across key 
market sectors. We provide insights into the international gold markets, 
helping people to understand the wealth preservation qualities of gold and its 
role in meeting the social and environmental needs of society.

The membership of the World Gold Council includes the world's leading and most 
forward-thinking gold mining companies.

SOURCE: World Gold Council
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