Gold Demand Trends Full Year 2013
| 2012 | 2013 | Q4'13 vs Q4'12 | 4-quarter2 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tonnes | 2012 | 20131 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q2 | Q41 | % chg | % chg |
| Jewellery | 1896.1 | 2,209.50 | 490.4 | 420.6 | 461.7 | 523.4 | 554.8 | 602.8 | 498 | 553.8 | 6 | 17 |
| Technology | 407.5 | 404.8 | 106 | 103.2 | 102.3 | 96 | 102.5 | 103.2 | 102.8 | 96.2 | 0 | -1 |
| Electronics | 284.5 | 282.4 | 73.8 | 71.4 | 72.3 | 67 | 72.1 | 71.9 | 72 | 66.5 | -1 | -1 |
| Other Industrial | 84.4 | 85 | 22.2 | 21.9 | 20.6 | 19.7 | 21.7 | 22.2 | 21.1 | 20.1 | 2 | 1 |
| Dentistry | 38.6 | 37.3 | 10 | 9.9 | 9.4 | 9.3 | 8.8 | 9.1 | 9.8 | 9.7 | 4 | -3 |
| Investment | 1,568.10 | 773.3 | 406.1 | 295.7 | 432.3 | 434.1 | 264.5 | 182.9 | 179.1 | 146.7 | -66 | -51 |
| Total bar and coin demand | 1,289.00 | 1,654.10 | 352.9 | 295.7 | 294.6 | 345.9 | 441.1 | 585.2 | 300.8 | 327 | -5 | 28 |
| Physical Bar demand | 962.7 | 1,266.90 | 271.2 | 217.4 | 215.7 | 258.3 | 330.2 | 449.9 | 239.4 | 247.4 | -4 | 32 |
| Official Coin | 213 | 283.4 | 55.1 | 55.4 | 49.2 | 53.3 | 80.1 | 97 | 45.5 | 60.8 | 14 | 33 |
| Medals/Imitation Coin | 113.4 | 103.8 | 26.5 | 22.8 | 29.7 | 34.3 | 30.8 | 38.4 | 16 | 18.8 | -45 | -8 |
| ETFs & similar products3 | 279.1 | -880.8 | 53.2 | 0 | 137.8 | 88.1 | -176.5 | -402.2 | -121.8 | -180.3 | - | - |
| Central bank net purchases | 544.1 | 368.6 | 117.8 | 163.5 | 112.3 | 150.4 | 129.1 | 82.4 | 96.2 | 61 | -59 | -32 |
| Gold demand | 4,415.80 | 3,756.10 | 1,120.30 | 983 | 1,108.70 | 1,203.80 | 1,050.90 | 971.3 | 876.1. | 857.8 | -29 | -15 |
| London PM fix, US$/oz | 1,669.00 | 1,411.20 | 1,690.60 | 1,609.50 | 1,652.00 | 1,721.80 | 1,631.80 | 1,414.80 | 1,326.30 | 1,276.20 | -26 | -15 |
| 2012 | 2013 | Q4'13 vs Q4'12 | 4-quarter2 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US$mn | 2012 | 20131 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q41 | % chg | % chg |
| Jewellery | 101,745.00 | 100,248 | 26,657 | 21,767 | 24,521 | 28,972 | 29,108 | 27,419 | 21,326 | 22,724 | -22 | -1 |
| Technology | 21,864 | 18,365 | 5,759 | 5,339 | 5,435 | 5,316 | 5,379 | 4,694 | 4,385 | 3,948 | -26 | -16 |
| Electronics | 15,265 | 12,813 | 4,012 | 3,692 | 3,842 | 3,709 | 3,781.00 | 3,270 | 3,069 | 2,727 | -26 | -16 |
| Other Industrial | 4,530.00 | 3,858 | 1,204 | 1,135 | 1,095 | 1,092 | 1,138 | 1,010 | 899 | 823 | -25 | 1 |
| Dentistry | 2,069 | 1,694 | 543 | 512 | 498 | 515 | 460 | 414 | 417 | 398 | -23 | -18 |
| Investment | 84,144 | 35,085 | 22,071 | 15,300 | 22,962 | 24,028 | 13,877 | 8,321 | 7,636 | 6,021 | -75 | -57 |
| Total bar and coin demand | 69,169.00 | 75,049 | 19,179.00 | 15,301 | 15,646 | 19,149 | 23,139.00 | 26,618.00 | 12,827.00 | 13,417.00 | -30.00 | 10 |
| Physical Bar demand | 51,655 | 57,483 | 14,742 | 11,251 | 11,455 | 14,300 | 17,323 | 20,462 | 10,207 | 10,153 | -29 | 32 |
| Official Coin | 11,428 | 12,857 | 2,995 | 2,869 | 2,611 | 2,948 | 4,202 | 4,411 | 1,940 | 2,495 | -15 | 14 |
| Medals/Imitation Coin | 6,086 | 4,709 | 1,442 | 1,180 | 1,579 | 1,901 | 1,614 | 1,745 | 681 | 770 | -60 | -21 |
| ETFs & similar products3 | 14,975 | -39,964 | 2,892 | -1 | 7,317 | 4,879 | -9,261 | -18,297 | -5,192 | -7,396 | - | - |
| Central bank net purchases | 29,193 | 16,724 | 6,404 | 8,462 | 5,967 | 8,323 | 6,771 | 3,747 | 4,101 | 2,503 | -70 | -41 |
| Gold demand | 236,946 | 170,422 | 60,892 | 50,867 | 58,885 | 66,639 | 55,134 | 44,181 | 37,358 | 35,195 | -47 | -28 |
1Provisional.
2Percentage change, 12 months ended December 2013 vs 12 months ended December 2012.
3Exchange Traded Funds and similar products including: Gold Bullion Securities (London), Gold Bullion Securities (Australia), GLD® (formerly streetTRACKS Gold Shares), NewGold Gold Debentures, iShares Comex Gold Trust, ZKB Gold ETF, GOLDIST, ETF Securities Physical Gold, ETF Securities (Tokyo), ETF Securities (NYSE), XETRA-GOLD, Julius Baer Physical Gold, Central Fund of Canada and Central Gold Trust, Swiss Gold, iShares Gold Bullion Fund (formerly Claymore Gold Bullion ETF), Sprott Physical Gold Trust, ETF Securities Glitter, Mitsubishi Physical Gold ETF, CS ETF II (formerly Credit Suisse Xmtch) and Dubai Gold Securities.
Source: Thomson Reuters GFMS, LBMA, World Gold Council
© Copyright 2014 World Gold Council and Thomson Reuters GFMS [and others]. All rights reserved. No reproduction permitted without permission. See here for details.
Data on the supply and demand for gold is compiled by Thomson Reuters GFMS. The company provides a number of tables exclusively for the World Gold Council. Please refer to the notes and copyright information for details regarding the restrictions on disseminating these data. Thomson Reuters GFMS should be contacted for further information or for historical data. In addition, certain data is available on Bloomberg.
Compare consumer demand by region, category and time period in the Regional analysis section.
| 2012 | 2013 | Q4'13 vs Q4'12 | 4-quarter2 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tonnes | 2012 | 20131 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q2 | Q41 | % chg | % chg |
| Jewellery | 1896.1 | 2,209.50 | 490.4 | 420.6 | 461.7 | 523.4 | 554.8 | 602.8 | 498 | 553.8 | 6 | 17 |
| Technology | 407.5 | 404.8 | 106 | 103.2 | 102.3 | 96 | 102.5 | 103.2 | 102.8 | 96.2 | 0 | -1 |
| Electronics | 284.5 | 282.4 | 73.8 | 71.4 | 72.3 | 67 | 72.1 | 71.9 | 72 | 66.5 | -1 | -1 |
| Other Industrial | 84.4 | 85 | 22.2 | 21.9 | 20.6 | 19.7 | 21.7 | 22.2 | 21.1 | 20.1 | 2 | 1 |
| Dentistry | 38.6 | 37.3 | 10 | 9.9 | 9.4 | 9.3 | 8.8 | 9.1 | 9.8 | 9.7 | 4 | -3 |
| Investment | 1,568.10 | 773.3 | 406.1 | 295.7 | 432.3 | 434.1 | 264.5 | 182.9 | 179.1 | 146.7 | -66 | -51 |
| Total bar and coin demand | 1,289.00 | 1,654.10 | 352.9 | 295.7 | 294.6 | 345.9 | 441.1 | 585.2 | 300.8 | 327 | -5 | 28 |
| Physical Bar demand | 962.7 | 1,266.90 | 271.2 | 217.4 | 215.7 | 258.3 | 330.2 | 449.9 | 239.4 | 247.4 | -4 | 32 |
| Official Coin | 213 | 283.4 | 55.1 | 55.4 | 49.2 | 53.3 | 80.1 | 97 | 45.5 | 60.8 | 14 | 33 |
| Medals/Imitation Coin | 113.4 | 103.8 | 26.5 | 22.8 | 29.7 | 34.3 | 30.8 | 38.4 | 16 | 18.8 | -45 | -8 |
| ETFs & similar products3 | 279.1 | -880.8 | 53.2 | 0 | 137.8 | 88.1 | -176.5 | -402.2 | -121.8 | -180.3 | - | - |
| Central bank net purchases | 544.1 | 368.6 | 117.8 | 163.5 | 112.3 | 150.4 | 129.1 | 82.4 | 96.2 | 61 | -59 | -32 |
| Gold demand | 4,415.80 | 3,756.10 | 1,120.30 | 983 | 1,108.70 | 1,203.80 | 1,050.90 | 971.3 | 876.1. | 857.8 | -29 | -15 |
| London PM fix, US$/oz | 1,669.00 | 1,411.20 | 1,690.60 | 1,609.50 | 1,652.00 | 1,721.80 | 1,631.80 | 1,414.80 | 1,326.30 | 1,276.20 | -26 | -15 |
| 2012 | 2013 | Q4'13 vs Q4'12 | 4-quarter2 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US$mn | 2012 | 20131 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q41 | % chg | % chg |
| Jewellery | 101,745.00 | 100,248 | 26,657 | 21,767 | 24,521 | 28,972 | 29,108 | 27,419 | 21,326 | 22,724 | -22 | -1 |
| Technology | 21,864 | 18,365 | 5,759 | 5,339 | 5,435 | 5,316 | 5,379 | 4,694 | 4,385 | 3,948 | -26 | -16 |
| Electronics | 15,265 | 12,813 | 4,012 | 3,692 | 3,842 | 3,709 | 3,781.00 | 3,270 | 3,069 | 2,727 | -26 | -16 |
| Other Industrial | 4,530.00 | 3,858 | 1,204 | 1,135 | 1,095 | 1,092 | 1,138 | 1,010 | 899 | 823 | -25 | 1 |
| Dentistry | 2,069 | 1,694 | 543 | 512 | 498 | 515 | 460 | 414 | 417 | 398 | -23 | -18 |
| Investment | 84,144 | 35,085 | 22,071 | 15,300 | 22,962 | 24,028 | 13,877 | 8,321 | 7,636 | 6,021 | -75 | -57 |
| Total bar and coin demand | 69,169.00 | 75,049 | 19,179.00 | 15,301 | 15,646 | 19,149 | 23,139.00 | 26,618.00 | 12,827.00 | 13,417.00 | -30.00 | 10 |
| Physical Bar demand | 51,655 | 57,483 | 14,742 | 11,251 | 11,455 | 14,300 | 17,323 | 20,462 | 10,207 | 10,153 | -29 | 32 |
| Official Coin | 11,428 | 12,857 | 2,995 | 2,869 | 2,611 | 2,948 | 4,202 | 4,411 | 1,940 | 2,495 | -15 | 14 |
| Medals/Imitation Coin | 6,086 | 4,709 | 1,442 | 1,180 | 1,579 | 1,901 | 1,614 | 1,745 | 681 | 770 | -60 | -21 |
| ETFs & similar products3 | 14,975 | -39,964 | 2,892 | -1 | 7,317 | 4,879 | -9,261 | -18,297 | -5,192 | -7,396 | - | - |
| Central bank net purchases | 29,193 | 16,724 | 6,404 | 8,462 | 5,967 | 8,323 | 6,771 | 3,747 | 4,101 | 2,503 | -70 | -41 |
| Gold demand | 236,946 | 170,422 | 60,892 | 50,867 | 58,885 | 66,639 | 55,134 | 44,181 | 37,358 | 35,195 | -47 | -28 |
1Provisional.
2Percentage change, 12 months ended December 2013 vs 12 months ended December 2012.
3Exchange Traded Funds and similar products including: Gold Bullion Securities (London), Gold Bullion Securities (Australia), GLD® (formerly streetTRACKS Gold Shares), NewGold Gold Debentures, iShares Comex Gold Trust, ZKB Gold ETF, GOLDIST, ETF Securities Physical Gold, ETF Securities (Tokyo), ETF Securities (NYSE), XETRA-GOLD, Julius Baer Physical Gold, Central Fund of Canada and Central Gold Trust, Swiss Gold, iShares Gold Bullion Fund (formerly Claymore Gold Bullion ETF), Sprott Physical Gold Trust, ETF Securities Glitter, Mitsubishi Physical Gold ETF, CS ETF II (formerly Credit Suisse Xmtch) and Dubai Gold Securities.
Source: Thomson Reuters GFMS, LBMA, World Gold Council
© Copyright 2014 World Gold Council and Thomson Reuters GFMS [and others]. All rights reserved. No reproduction permitted without permission. See here for details.
Data on the supply and demand for gold is compiled by Thomson Reuters GFMS. The company provides a number of tables exclusively for the World Gold Council. Please refer to the notes and copyright information for details regarding the restrictions on disseminating these data. Thomson Reuters GFMS should be contacted for further information or for historical data. In addition, certain data is available on Bloomberg.
Compare consumer demand by region, category and time period in the Regional analysis section.
Marcus Grubb, Managing Director Investment Strategy, talks through the findings from the Full Year 2013 Gold Demand Trends report.
