Video Transcript: WGC Gold Demand Trends Q1 2013 US Only

Filed Pursuant To Rule 433

Registration No. 333-180974

May 16, 2013

Video Transcript: WGC Gold Demand Trends Q1 2013 US Only

Marcus Grubb:

“A complex picture is emerging for gold demand in the United States. Over all ETF demand fell by 177 tons. Three quarters of which was in the US, on the back of a stronger US economy and some switching into other asset classes. However, taking a look at bars and coins, we had a rise of over 40 percent and also in jewellery, we had an increase of 6 percent, the first rise in quarterly jewellery demand since the third quarter of 2005.”

 

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