Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

Gold Demand Dips For First Time Since 2009

IMG Auteur
Published : February 15th, 2013
124 words - Reading time : less than a minute
( 0 vote, 0/5 ) , 1 commentary
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
1
comment
Our Newsletter...

RESEARCH AND ANALYSIS

The World Gold Council's latest study of the gold market reports the value of gold demand in 2012 reached an all-time high, up 2% to $236.4 billion.

On a tonnage basis, it found gold demand was down 4% on 2011 to 4,405 tonnes – the first dip since 2009, but still the second highest level of gold demand ever recorded.

The average price of gold during 2012 was $1,669.0 per oz, up 6% from $1,571.5 per oz in 2011, it said.

Global gold demand in Q4 2012 was 1,195.9 tonnes(t), up 4% on the same quarter in 2011. In value terms, demand reached $66.2 billion.

Get The Report

Download The World Gold Council's Gold Demand Trends Q4 & Full Year 2012.

<< Previous article
Rate : Average :0 (0 vote)
>> Next article
Latest comment posted for this article
Jewelry, technology and investment dropped in 2012. All of these are completely dependent upon consumer disposable income. Central Bank buying was up. Its buying capacity is NOT dependent upon consumer disposable income. It don't take a rocket scientis  Read more
overtheedge - 2/15/2013 at 7:29 PM GMT
Rating :  1  0
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Mining Company News
IAMGOLD(Ag-Au-Cu)IMG.TO
Westwood mine production continues uninterrupted following a localized fall of ground
CA$ 2.52-5.26%Trend Power :
Exploration and drilling
IAMGOLD(Ag-Au-Cu)IMG.TO
Rockfall traps nine miners in IAMGOLD mine in Quebec
CA$ 2.52-5.26%Trend Power :
Exploration and drilling
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Appoints Wendy Kei to its Board of Directors
CA$ 3.75+1.63%Trend Power :
Nominations
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Guyana Goldfields Appoints Wendy Kei to its Board of Directors
CA$ 3.75+1.63%Trend Power :
Corporate news
Kermode(Au)KLM.V
Kermode/Boss Eastgate Agreement
CA$ 0.00+0.00%Trend Power :
Corporate news
Panoro(Au-Zn-Ni)PML.V
Panoro Minerals Files NI 43-101 Technical Report on the Cotabambas Project, Peru
CA$ 0.16+0.00%Trend Power :
Corporate news
Osisko Gold RoyaltiesOR.TO
annonce la date de clôture des registres pour son assemblée annuelle et extraordinaire des ac
CA$ 17.86+0.22%Trend Power :
Corporate news
Osisko Gold RoyaltiesOR.TO
Announces Record Date for Annual and Special Meeting of Shareholders
CA$ 17.86+0.22%Trend Power :
Corporate news
Vior(Au-Co-Cu)VIO.V
Announces the Granting of 1,750,000 Stock Options
CA$ 0.07-6.67%Trend Power :
Corporate news
Bolero Res.(Cu-Oil-Ngas)BRU.V
Brunswick Resources: Update for the Chester Property
CA$ 0.02+0.00%Trend Power :
Corporate news
Comments closed
  All Favorites Best Rated  
Jewelry, technology and investment dropped in 2012. All of these are completely dependent upon consumer disposable income.

Central Bank buying was up. Its buying capacity is NOT dependent upon consumer disposable income.

It don't take a rocket scientist to see where this is heading.
Rate :   1  0Rating :   1
EmailPermalink