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The Deloitte WA Index’s gold report is a tale of two decades, covering gold’s transition from Y2K to the COVID-19 pandemic and everything in between.
Discover how the same asset that was used to support various monetary systems around the globe in the 20th century remains a key element in today’s economic tapestry, with its intrinsic value and ability to weather market declines, rising inflation and depreciation of currency.
We recently spoke to Nishan Kodituwakku, Deputy Treasurer at ABC Refinery, about his finance journey in Australia’s gold industry and gold’s value in protecting wealth during times of uncertainty.
ABC Bullion have been appointed Presenting Partner for the Tutankhamun: Treasures of the Golden Pharaoh exhibition when it arrives at Sydney's Australian Museum in 2021.
The exhibition represents the largest of it’s kind containing the King’s treasures to have ever left Egypt, with the Australian visit one part of a global tour for the priceless artefacts.
Australia is leading the charge towards greener and safer gold production, with new technology for an environmentally superior gold recovery process.
Following successful industry trials, Australia’s national science agency CSIRO, will transfer its cost-effective and cyanide-free gold recovery ‘Going for Gold’ process technology to Australian company, Clean Mining Limited.
Should central banks hold gold?
From the late 1980s into the new millennium the answer appeared to be in the negative, with global central bank reserves declining from around 36,000 tonnes to under 30,000 tonnes.
