Q1 gold demand (excluding OTC) was 13% lower y/y at 1,081 tonnes (t). Inclusive of OTC, total gold demand strengthened 1% y/y to 1,174t as a recovery in OTC investment – consistent with investor positioning in the futures market – offset weakness in some areas. 1 . Demand from central banks experienced significant growth during the …
Find a comprehensive time series of Gold supply & demand – broken down by sector and country, mine production and recycling and producer hedging.
Total gold supply increased 4% y/y in Q2, with mine production and recycling both contributing; ... As an example of how this data can change, our initial estimate for Q1 mine production of 893t – published in Gold Demand Trends Q1 2024 – has now been reduced to 859t to reflect updates from Metals Focus that accompanied …
As well as private investments in gold, central banks hold a significant amount of their reserves in gold. The IMF and the World Gold Council estimate that the world's central banks hold around 33,000 metric tons of gold, worth over $1 trillion. Changes in this amount will affect the net supply or demand in the market.
Data on sectors of gold demand, supply, productions costs and futures market positioning Price and Premium. Benchmark gold prices, gold futures curves and local price premium/discount Performance Metrics. Returns, volatility, correlations and trading volumes for gold, bonds, equities and other major asset classes
Some of these fundamental aspects are supply and demand, the value of the dollar, the amount of institutional buying and/or selling, the price difference/relationship between gold and oil, and lastly, and sometimes most importantly, the …
2024 is set to produce a much stronger return for gold than we anticipated in our 2024 Gold Outlook, supported by continued EM central bank buying and retail investment even with the continued absence of visible physical Western investment; The stellar run up in price in the recent weeks will likely prompt a rise in recycling supply and …
The 6 tips for supply and demand trading. Whereas drawing support and resistance levels is straightforward, finding good supply and demand zones is often not as simple. For that reason, this article explains the 6 odds enhancers that enable traders to distinguish between good and bad supply and demand zones in their trading. 1) …
Gold recycling in Q1 rose to 310t (+7% q/q, +5% y/y)– in response to higher gold prices – the strongest first quarter level of recycled supply since 2016. But this was a relatively subdued increase, given the price action and the challenging economic environment for many, and there were pockets of weakness as gold served its purpose …
Data on gold demand and supply, including production costs, gold-backed exchange-traded funds (ETFs) holdings and flows, central bank statistics and future market …
The law of supply and demand states that if supply increases, prices will go down. Conversely, if demand rises, so too should prices. As a result, the question left is: What affects the supply and ...
Statistics and information on the worldwide supply of, demand for, and flow of the mineral commodity gold. Gold has been treasured since ancient times for its beauty and …
The Supply and Demand Indicator is a special powerful tool for gold trading, enabling traders to identify key areas of supply and demand imbalance in the market. These zones represent levels where significant buying or selling pressure has occurred in the past, providing valuable insights into potential reversal points, entry and …
Supply and Demand of Gold on Prices. It may come as a surprise that gold, like many other markets, has controlled supply and demand. This was once a well-kept secret, though, in recent years, …
The gold market is broad and complex, so producing statistics on demand and supply is challenging. But having such statistics is crucial to understanding the fundamentals of the market. The World Gold Council overcomes the complexity to produce a robust, comprehensive and well-researched series of global gold demand and supply …
Q3 gold demand firmly above longer-term average Central banks gold buying maintained a historic pace but fell short of the Q3'22 record. Jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed. Gold demand (excluding OTC) in Q3 was 8% ahead of its five-year average, but 6% …
This bodes well for gold demand as the economy is set to benefit from a demographic dividend: ... they tend to drive parts of the gold supply chain underground. Between Q3 2013 and Q4 2014, some 335t …
Gold is used as an industrial metal in a broad range of applications, but demand is driven by the electronics sector which accounts for ~80% of gold used in technology. The metal is ubiquitous in most consumer electronics and automotive applications, where its chemical and physical properties combine to make it irreplaceable in many high-end ...
The Bottom Line . The market theory of supply and demand was popularized by Adam Smith in 1776. Consumer demand for a good decreases as its price rises.
Not only does gold retain additional value, but supply and demand have a huge impact on the price of gold—especially demand from large ETFs. Government vaults and central banks comprise...
This source of gold demand, while opaque, was clearly evident again in Q4 as the gold price rallied despite continued ETF outflows. Annual mine production increased 1% y/y to 3,644t, but fell short of the 2018 record. Full year recycling responded to high gold prices, rising to 1,237t (+9% y/y). Total gold supply was 3% higher y/y as a result.
Total gold supply increased by 4% y-o-y. This was driven by strong mine production of 856t – an all-time Q1 high in our records, which date back to 2000 – and resurgent recycling, which jumped 15% y-o-y to 310t, itself the largest first quarter recycling tally since 2016.
Y-t-d, recycled gold volumes increased by 9% y/y to 924t, the highest over this period since 2020. Recycling supply in the third quarter paints a contrasting picture with recycling from developed markets and the Middle East subdued, against average demand from South Asia and stronger East Asian supply.
Total gold supply increased by 5% y-o-y in Q2. This was driven by strong mine production of 912t – an all-time second quarter high in our records – and firmer recycling, which increased 5% y-o-y to 291t. 1 Owing to the timing of this publication, supply estimates are subject to potential revisions once the majority of mining …
Supply | World Gold Council. Gold Demand Trends Full year and Q4 2020. Supply. 28 January, 2021. Total supply fell 4% y-o-y in 2020; higher recycling slightly …
The supply of recycled gold in China was up q-o-q but down compared to Q3'21 as COVID-19 lockdowns in the most recent quarter limited market access for sellers. There were, however, fewer restrictions in Q3'22 compared to earlier this year, which helps to explain the q-o-q increase. We continue to monitor recycling gold supply closely.
Comprehensive data on gold demand by country broken down by sector. Explore overall gold demand and supply statistics from all regions.
Q1 gold demand (excluding OTC demand) slipped 5% y/y to 1,102t, due to continued ETF outflows. Inclusive of sizable OTC buying by investors, total gold demand increased 3% y/y to 1,238t – the …
Investors have long been enamored by gold, and the price of the metal has increased substantially over the past 50 years. Not only does gold retain additional value, but supply and demand have a ...
Full-year 2021 gold demand increased to 4,021t, propelled by Q4 demand, which jumped almost 50% to a 10-quarter high. Find out more here. ... Total gold supply eased marginally in 2021: down 1% at 4,666t, its lowest level since 2017. Mine production recovered 2% over the year but this growth was counteracted by a sharp 11% drop in …
Gold prices are controlled by the organizations that have the authority to regulate the supply and demand of gold's two consumer markets — commercial and retail. The individuals heading up …
Find out gold demand levels and trends for the year 2020 Q4 with World Gold Council's Gold Demand Trends report, ... A modest increase in recycled gold supply despite price jump. The price level and its rate of change are usually the overwhelming drivers of recycling supply, so in view of the solid price gains to all-time highs in all key ...
