The ring hunt is actually a Twitter-based promotion put on by the World Gold Council.
China has jewelry chains with a least 1000 outlets or more across China, according to the World Gold Council.
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China overtook India as the world's top consumer of gold in the first quarter, the World Gold Council said.
New figures from the World Gold Council reveal central banks adding 208 metric tons in the first half of 2011.
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The World Gold Council said Wednesday the overall fundamental picture in gold has not changed, despite the recent downdraft in prices.
According to the World Gold Council, total identifiable world-wide demand for gold has decreased by 88 tonnes from 2007 to 2009.
Cyprus's total bullion reserves stood at 13.9 tonnes at the end of February, according to data from the World Gold Council.
The World Gold Council estimates that China's gold demand could double in 10 years as more investors there embrace precious metals.
The World Gold Council said in May that China passed India as the largest gold consumer in the first quarter of 2011.
The World Gold Council (WGC) reaffirmed the power of the Love Trade in its 2011 Gold Demand Trends report released this week.
Research by the World Gold Council released Thursday shows that gold can work as a partial hedge for emerging market currency risk.
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The World Gold Council is a market-development organization for the gold industry.
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More significantly, however, these inflation concerns have stoked Chinese gold investment demand, increasing nearly 70% in 2010 according to the World Gold Council.
Global gold demand for the second quarter of 2011 fell 17 percent year-over-year to 919.8 metric tons, the World Gold Council reported Thursday.
Global jewelry demand for gold declined 15 percent, year-over-year, to 476.5 tons in the fourth quarter of 2011, the World Gold Council reports.
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In fact, the World Gold Council says that mine supply increased only 3% in the second quarter of 2010 while total demand rose 36%.
In overnight news, the World Gold Council reported central bank purchases of gold were more than double the rate seen at this time last year.
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According to the World Gold Council (WGC), over 2012, central bank demand totaled 534 tons, a level we have not seen in nearly 50 years.
Back in 2002, things looked bleak for the World Gold Council.
News this week from the World Gold Council gives underlying support.
Meantime, the World Gold Council said Wednesday that world central banks continue to put their reserves into gold and are moving away from U.S. dollars and Euros.
Robert Pringle of the World Gold Council told the BBC's World Business Report that the new sales threshold would help stabilise the market for the yellow metal.
While rich-country central banks are busy creating money, developing-world central banks are buying gold a record 158 tonnes in the second quarter, according to the World Gold Council.
The U.S. is by far No. 1 with over 8, 000 tons of gold in storage, accounting for 76.6% of its foreign reserves, according to the World Gold Council.
Gold market bulls were encouraged Thursday when the World Gold Council reported strong world central bank demand for gold in the third quarter, at a total of 148 tons.
Jason Toussaint from the World Gold Council (WGC) provided some interesting perspective during our recent Case for Investing in Gold webcast that sheds some light on this question.
Also not bullish for the gold market was a report from the World Gold Council Thursday that worldwide demand for gold slipped by around 11% in the third quarter.
It reached a new quarterly record of 132 tonnes between Jan. and March 2010 (GFMS data, courtesy of the World Gold Council), equal to one-fifth of total world demand.
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Gold prices are still feeling the negative effects of a bearish report from the World Gold Council issued Thursday, which said investment demand for gold declined by 10% in 2012.
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