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2/19/2026

Insights

Gold reserves come back #2

Written by Marwane Khalloufi, Financial Analyst, CFA Why sovereigns are buying, and a new player in town For most of the post-Bretton Woods era, gold sat in central-bank vaults as…

2/12/2026

Insights

Gold Reserves Mismanagement #1

Written by Marwane Khalloufi, Financial Analyst, CFA Gold is sometimes referred to as a “pet rock”, a useless metal. Monetary History and central banks tell a different story. The last…

9/18/2025

Insights

Gold at $5,000 an ounce in 2026? Why investors are preparing for a historic surge

In a context marked by monetary instability and geopolitical tensions, gold stands out as the ultimate safe-haven asset. In a recent study, “Diversify Into Commodities, Especially Gold,” Goldman Sachs strategists…

7/15/2025

Insights

Gold: the drivers of the current bullish supercycle remain intact

“The Big Long.” That is the title of the latest “In Gold We Trust” report published by the Asset Management company Incrementum following a large number of interviews with leading…

3/18/2025

Insights

Artisanal gold supply (2/2): the major challenge of pre-financing

The integration of ASM value chains into formal markets relies on the emergence of competitive alternative financing tools adapted to each local reality. In the precious metals sector, the search…

2/11/2025

Insights

Artisanal gold mining: the necessary gradual nature of the formalization process

Gold from artisanal and small-scale miners (ASM) is still under-represented among major refiners and jewelers due to the associated costs and risks. While the normative framework established by the OECD…

2/7/2025

Insights

Lucrative dislocations in monetary metals markets

The gold market has experienced a significant dislocation starting in January 2025, driven largely by concerns about impending tariffs on US imports. This uncertainty has triggered a shift in the…

10/29/2024

Insights

No Signs of Abating Yellow Fever

LBMA Precious Metal Conference, Miami 2024 As every year, regulators, producers and investors gathered at the LBMA conference to discuss the challenges facing the precious metals sector, its market dynamics…

6/3/2024

Insights

An unprecedented market configuration for prepayment financing

The surge in gold prices over the past 18 months has meant that fewer ounces can be delivered for the same amount borrowed, making this method of financing even more…