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...
Category : Market Analysis

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
Can a government surplus cause the economy to tank?
18 Auggfs543
Your dissection is incisive, Steve. You weren't refuting just this one writer. You were beating up on popular Keynesian fallacies.
Can a government surplus cause the economy to tank?
17 AugDRGEORGE
Thank you very much for that Steve. But please just don't 'leave it there'. The author of that article apparently intends to expand on that bullshi...
Smoke and Fire
16 Augaccording0
some things happen without collusion do you think that the stupid little rats of blm and antifa dont get paid to help wreck our socie...
Smoke and Fire
16 Augaccording0
James. Even a believer has to leave Zoar before he starves to death. Kudos for having the fortitude to write this.
The Folly of Democratic Socialism
16 AugFalconflight
It this Amerika, I reference it as Krony Socialism.
Stock Market Correction Hasn’t Begun to Begin! It Will (And North K...
16 AugJ.
This bubble has been deemed TBTP (Too Big To Pop). Central banks have outright said in public that they will do "whatever it takes" to prevent it....
GM Tests Fleet of 46 Robocar Taxis in SF: Driverless Car Timeline P...
15 AugDRGEORGE
Correct, correct, correct. And insurance will indeed be the major driver to widespread adoption. But why do I get aggressive scepticism or blank lo...
Smoke and Fire
15 AugThe Recusant-1
Before relegating every demonstration, anti-Trump action, and political headline to some conspiratorial element of the left, you might want to just...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS