Showing posts with label global gold demand. Show all posts
Showing posts with label global gold demand. Show all posts

Friday, February 17, 2012

World Gold Demand


Record investment demand boosts global gold demand to an all time high in 2011

Global demand for gold in 2011 rose to 4,067.1 tonnes (t) worth an estimated US$205.5 billion - the first time that global demand has exceeded US$200 billion and the highest tonnage level since 1997, according to the World Gold Council’s Gold Demand Trends.

The main driver for this increase was the investment sector where annual demand was 1,640.7t up 5% on the previous record set in 2010 and with a value of US$82.9 billion. The pre-eminent markets for investment demand in 2011 were India, China and Europe.

All American Investor