INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Small gain for gold in 2022 despite rate hike

  • Gold posted a small gain in 2022, which reinforced the precious metal's stable and uncorrelated performance amid market turbulence.
  • Gold Council said weak institutional demand was offset by retail investment - driven by inflation and geopolitics - and central banks had an exceptional year of net buying.

Dubai, UAE–Despite an unprecedented rise in rates and a strong dollar, Gold posted a small gain in 2022, which reinforced the precious metal’s stable and uncorrelated performance amid market turbulence. 

According to Gold Council, weak institutional demand was offset by retail investment – driven by inflation and geopolitics – and central banks had an exceptional year of net buying.

TRENDS takes a look at how Gold and some other metals performed in 2022: