NOTICE TO COINWEEK READERS:
Between Saturday August 23 through Monday September 1st CoinWeek is going to be implementing a NEW look and design. During this period certain sections of the site may experience delays, or may not be accessible for short periods of time. Thank you in advance for your patience.

Author Archive:

Gold industry generated over $210 billion for the global economy in 2012, new study finds

Gold industry generated over $210 billion for the global economy in 2012, new study finds

The gold industry contributed more than US$210 billion to the world’s economy in 2012 – roughly equivalent to the GDP of the Republic of Ireland, Czech Republic or Beijing – new research released today reveals. The direct economic... read more »

 

Consumer Demand for Gold Up 53% in Q2 2013 Led by Strong Growth in China and India

Consumer Demand for Gold Up 53% in Q2 2013 Led by Strong Growth in China and India

The latest World Gold Council Gold Demand Trends report, which covers the period April-June 2013, highlights how recent falls in the gold price have generated significant increases in demand, most notably from consumers in China and India –... read more »

 

Gold’s performance reflects continued challenging economic climate

Gold’s performance reflects continued challenging economic climate

Global gold demand in Q2 2012 was 990.0 tonnes (t), down 7% from the 1,065.8t in Q2 2011 according to the World Gold Council’s Gold Demand Trends report. This dip in demand was partly due to the comparison with exceptional demand last year,... read more »

 

Asian axis of India and China continues to advance gold demand

Asian axis of India and China continues to advance gold demand

Gold’s strong start to the year was reinforced during the second quarter of 2011 where total global gold demand measured 919.8 tonnes (t), worth a near-record US$44.5bn, with broad-based support across all sectors and geographies. Standout... read more »

 

Gold Demand Trends first quarter 2011

Gold Demand Trends first quarter 2011

The outlook for global gold demand remains robust throughout 2011 against a background of another strong quarter, the geographic and sectoral diversity of demand and strong fundamentals. Demand for gold in the rest of 2011 will be driven by... read more »

 

Global gold demand at 10 year high in tonnage and all time high in value in 2010

Global gold demand at 10 year high in tonnage and all time high in value in 2010

2010 was an outstanding year for gold, with strong demand across all sectors, the World Gold Council said today. Gold demand for the year reached a ten year high with annual demand of 3,812.2 tonnes worth approximately US$150 billion. On 9 November... read more »

 
 
 
 
LinkedIn