Gold Demand Trends

Latest Issue: Gold Demand Trends Q4 and full year 2011

16 Feb, 2012

New issue of Gold Demand Trends

Released today: Gold Demand Trends Q4 and Full Year 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.

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. Central banks continued the trend established in 2010 of being net buyers of gold.

Marcus Grubb, Managing Director, Investment remarked “What we can see from these 2011 figures is that there were two main factors driving the results: Asian growth and optimism on the one hand and western desire to protect assets against uncertainty on the other. Looking particularly at Asia, there was a major boost to the overall figures from the increase in Chinese demand, which is a trend that we see continuing over the next year. It is likely that China will emerge as the largest gold market in the world for the first time in 2012 demand terms. What is certain is that the long-term fundamentals for gold remain strong, with a diverse and growing demand base, coupled with constrained supply side activity.”

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The World Gold Council's Gold Demand Trends (GDT) is the leading industry resource for data and opinion on world-wide gold demand. Our quarterly publication examines demand trends by sector and geography. The most recent review of the full year and fourth quarter 2011 comprises four sections;
Overview - 2011 headlines, together with forward looking views on the dynamics and trends in the gold market in 2012 at a regional and sector level
Focus report - Examines a number of diverse themes that emerged in the gold market during a year in which gold continued its 11-year bull run.
Global gold market - Fourth quarter and full year 2011 review – demand and supply synopsis.

Gold Demand Statistics (GDS) - Gold demand and supply statistics for the fourth quarter and full year 2011. These statistics are supplied by Thomson Reuters GFMS.
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