WGC 2014 Gold Demand

(Feb 2015 - by World Gold Council, WGC 2014 Gold Demand)

The World Gold Council Gold Demand Trends Full Year 2014 report is now available.

Executive summary:

The gold market ended 2014 on a strong footing: Q4 demand grew from 930.0t to 987.5t (+6%). The annual total of 3,923.7t was down 4% year-on-year – not surprising as consumer demand in 2014 was never likely to match 2013’s record surge. Year-on-year comparisons for the last few quarters have been coloured by the singular strength in jewellery, bar and coin demand in 2013. Total supply at 4,278.2t was little changed; an increase in mine supply was balanced by a further decline in recycling volumes.

See the complete report at:
http://www.mintstategold.com/articles/WGC_2014_Gold_Demand_Full_Year.pdf