Strengthening Consumer Demand Mitigates Impact Of Gold-Backed ETF Outflows
Gold investment demand fell in Q1, while value of gold jewellery purchased by consumers enjoyed a post-Covid rebound, rising to 477.4t - a 52% annual increase
Highest central bank buying in 50 years drives 4% growth in gold demand in 2018
Global gold demand reached 4,345.1 tonnes (t) in 2018, up 4% on 2017 and in line with five-year average demand of 4,347.5t, according to the WGC's latest Gold Demand Trends report.
Q4 recovery fails to mitigate full year declines in 2017: WGC
Overall demand for the full year fell by 7% to 4,071.7t, compared with 2016.
Gold demand falls 9% to 915t in Q3 as ETF inflows slow from unprecedented highs in 2016
Global gold demand in Q3 2017 was 915 tonnes (t), a drop of 9% compared with the same period in 2016, according to the World Gold Council’s latest Gold Demand Trends report.
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