Featured Report
Turkey: gold in action
Our report, Turkey: gold in action, explores the role gold plays across the entire value chain, and assesses gold’s economic contribution to Turkey.
Gold Demand Trends Q3 2014 - video
Marcus Grubb, Managing Director Investment Strategy, talks through the findings from the Q3 2014 Gold Demand Trends report.
Gold Demand Trends Q3 2014
Gold demand totalled 929t in the third quarter, which proved to be a generally subdued quarter for the gold market. Jewellery demand softened by 4% year-on-year, but the comparison continues to be heavily influenced by the events in 2013.
Value Distribution: The Benefits of Gold Mining to Host Countries
This is the second edition of the Responsible gold mining and value distribution report, covering 2013 data. It further demonstrates the impact the responsible gold mining industry has in supporting economic development in host countries.
Gold Demand Trends Q2 2014
Gold demand of 964t in the second quarter was, unsurprisingly, lower when compared with the exceptional upsurge in demand in Q2 2013. Jewellery demand weakened year-on-year, but the broad, 5-year uptrend remains intact.
Gold Demand Trends Q2 2014 - video
Marcus Grubb, Managing Director Investment Strategy, talks through the findings from the Q2 2014 Gold Demand Trends report.
Gold Demand Trends Q1 2014
After an exceptional 2013, gold demand made a robust start to 2014 - virtually unchanged year-on-year at 1,074.5 tonnes. Jewellery demand gained moderately, largely due to the environment of lower gold prices compared with Q1 2013 and seasonal factors in many markets. Divergence was seen within the investment space: net ETFs flows were zero, compared with 177t of outflows in Q1 2013, while bar and coin investment unsurprisingly fell far below the record Q1 levels of demand seen a year ago. Central banks continued to purchase gold for its diversification and risk management properties.
Guidance Note on Expenditure Definitions
This Guidance Note has been issued as part of the World Gold Council’s work to develop common approaches which the gold mining industry can use as part of their overall reporting on the contribution made to sustainable economic development.
Gold Demand Trends Full Year 2013
Gold demand of 3,756.1 tonnes in 2013 was worth US$170.4bn. Consumers generated exceptional levels of demand, with jewellery at its highest since the onset of the financial crisis in 2008 and investment in small bars and coins hitting a record high. This was in contrast to large-scale outflows from ETFs, due to a number tactical western investors liquidating their positions as US economic sentiment improved. Central banks made healthy purchases of 368.6 tonnes, the fourth consecutive year of positive demand. The net result was a 15% decline in overall gold demand from 2012.
