Research library

A short video highlighting the social and economic contributions of responsible gold mining and our Member companies in Peru and South America.

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. 

Representatives from international NGOs, refiners, industry groups and the UK Department for International Development (DFID) all describe the Standard as a major step forward in providing trust and transparency in the gold supply chain. 

This, the second Responsible Mining and Value Distribution report from the World Gold Council, explains the continued contribution responsible gold mining can make in supporting economic development in host countries. This edition was released at the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development in Geneva, October 2014.

This, the second Responsible Gold Mining and Value Distribution report from the World Gold Council, explains the continued contribution responsible gold mining can make in supporting economic development in 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. 

In 2013 China became the world’s largest gold market, accounting for around a third of global gold demand. By the end of 2017, we expect demand to have grown by at least a further 20%. Because of its sheer size and impact on the global gold market, China is really in the spotlight. 

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.