Filed Pursuant To Rule 433

Registration No. 333-203585

November 12, 2015

 

		Central banks added to gold reserves (+175t) for 19th consecutive quarter
		Purchases almost matched the 180t record of Q3 2014.
		Bargain-hunting for bars and coins as price fell in Q3
		Global demand soared 33% - notably in North America - as investors sought to grab a bargain.
		Small contraction in mine production
		Mine output fell slightly to 828t.

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