Featured Report
China's gold market
This primer serves as an introduction to China’s gold market. It provides an overview of China’s jewellery and investment markets, key drivers of demand and the gold mining industry.
Gold Demand Trends Full year and Q4 2019
Gold demand fell 1% in 2019 as a huge rise in investment flows into ETFs and similar products was matched by the price-driven slump in consumer demand.
Gold Demand Trends Q3 2019
Surge in ETF inflows supports Q3 gold demand growth. Gold demand grew modestly to 1,107.9t in Q3 thanks to the largest ETF inflows since Q1 2016
Gold Demand Trends Q2 2019
Gold demand was 1,123t in Q2, up 8% y-o-y. H1 demand jumped to a three-year high of 2,181.7t, largely due to record-breaking central bank purchases.
Gold Demand Trends Q1 2019
Gold demand lifted by central banks and ETFs. This compares with a relatively weak Q1 2018, when demand sank to a three-year low of just 984.2t. Central bank buying continued apace: global gold reserves grew by 145.5t.
Gold Demand Trends Full year and Q4 2018
Gold demand in 2018 reached 4,345.1t, up from 4,159.9t in 2017. This was exactly in line with five-year average demand of 4,347.5t.
Gold Demand Trends Q3 2018
Gold demand was 964.3t in Q3, just 6.2t higher y-o-y. Robust central bank buying and a 13% rise in consumer demand offset large ETF outflows.
Gold Demand Trends Q2 2018
Gold demand stayed soft in Q2, dropping to 964.3t. The H1 total of 1,959.9t is the lowest since 2009.
Recommendations for the further development of China’s gold market
Today, China’s gold industry is at a crossroads; leading stakeholders are asking where it will go next. We believe the consideration of three questions will help set the course for the industry over the next three to five years.
Gold prices
Price discovery is crucial for any market, and the gold market is no exception. Our gold prices primer gives a comprehensive overview of the LBMA Gold price – an important global benchmark – and looks at the mechanisms determining the local gold price in China and India, the two largest consumer gold markets.
