Some key findings of the latest WGC Gold Demand Trends report:
. Q2 2016 continued in the same vein as Q1
with overall gold demand growing to 1,050 tonnes, up 15% from the Q2 2015.
. Q2 investment demand was 448 tonnes, up 141%
from 186 tonnes in the same period last year.
. Investment has now been the largest component
of global gold demand for two consecutive quarters - the first time this has
ever happened.
. H1 demand for coins, bars and especially
exchange-traded funds reached 1,064 tonnes, up 16% from the previous
first-half year record in 2009.
. Western investors generated the bulk of this
demand, with smaller-scale investors very much in evidence in the U.S. and
Europe.
. The jewellery sector was depressed, with
high and volatile prices creating unfavourable conditions for consumers in
most markets.
. Q2 global jewellery demand fell 14% to 444
tonnes versus 514 tonnes in the same period last year.
. At 77 tonnes, central bank demand decreased
40% in Q2 2016, compared to 127 tonnes in the same period last year.
. Nevertheless, overall gold demand for Q2 2016
increased by 15% to 1,050 tonnes, up from 910 tonnes in Q2 2015
Download Gold Demand Trends Q2 2016
