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 note :0 (0 vote)
>> Next article
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
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
Latest Comments
He Is Risen… But For How Long?
24 JanJim C.-1
J: If people would take the time to read Kunstler's archived articles here they would see fully what his agenda is -- that of Government c...
He Is Risen… But For How Long?
24 JanJ.1
I was thinking the same thing Jim C, when I read this article. The old Progressive bias showing through once again. And it is all Progressives, n...
He Is Risen… But For How Long?
24 JanJim C.1
Kunstler is the old voice of Progressivism in America, an old voice that wants Government to take control of us freckles individuals...and by contr...
The “war on cash” has nothing to do with fighting crime
23 Jansam_site
While your points are valid, you should remember that in the 2008 crisis, there was a run on CD redemptions and that could have led to a stamp...
Short Tesla Motors Inc? Ivanhoe Mines Ltd CEO Robert Friedland and ...
20 Janneville
I wholeheartedly agree with Mr Robert Friedland ....we see the stock at $40 as technically it is in the same chart pattern as Fannie Mae was before...
The Cheeto Cometh
17 Janaccording
"Cheeto-head sonofabitch" sounds like a term of endearment,billy boy.
The “war on cash” has nothing to do with fighting crime
17 JanMike.S.
Another argument against a cash ban being to deter criminals is that I believe more money is lost by fraudulent withdrawals from bank accounts than...
The Cheeto Cometh
17 JanCESSIE
I EAT CHEETOS FOR BREAKFAST! WHAT'S FOR LUNCH? LOL
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS