LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek.com to Launch New Website
By: GoldSeek.com

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA

 
Search

GoldSeek Web

 
Gold Demand Trends Q1 2013 Report Summary



-- Posted Thursday, 8 August 2013 | | Disqus

The World Gold Council has produced the Gold Demand Trends (GTD) report since 1996 and the latest publication of this industry leading resource is now available.

The findings for this financial quarter, Q1 2013 are summarized below.

Overall Demand

A fall of 13%, excluding OTC investment, otherwise flat compared to 2012.

Individual Market Demand

India

A rise of 27% overall, comprising a 52% increase in investment and a 15% growth in jewellery.

The Indian market continues to be the largest in terms of gold demand.

China

A rise of 20% overall, comprising a 22% increase in investment and a 19% growth in jewellery.

The Chinese market continues with a strong demand, consumers investing in bars and coins as an inflation hedge.

United States

A 75% slice of the overall 177 tonnes global ETC reduction in demand, countered with a  40% growth in bars and coins plus a 6% rise in jewellery – the first increase since Q3 2005.

The US market is growing in complexity due to asset switching and increasing strength in the economy.

Industry Overview and Supply

Central Bank demand continues to be strong at 109 tonnes, with Russia, South Korea and some Central Asian Republics buying in this quarter.

These emerging market’s motivations are driven by diversification from traditional assets such and the Euro, Dollar and also Sovereign debt.

Overall gold supply trend was flat, with mining up 4% and recycling down by 4%.

The complete report and video commentaries are available from the Gold Demand Trends resource and the WGC YouTube Channel


-- Posted Thursday, 8 August 2013 | Digg This Article | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.