Strong Q3 Global Gold Demand (Video)

The World Gold Council released their latest Gold Demand Trends for the 3rd quarter of 2013. The report goes into detail about world gold demand in the investment, consumer, central bank, and technology sectors. Gold Demand Trends is available as a free download, and Marcus Grubb, the World Gold Council’s managing director for investment, gives a video presentation summarizing the report’s key findings.

82% of consumers in India and China believe that over the next five years, the price of gold will increase or be stable… Bar and coin demand grew 6% globally, compared to the same period in 2012. Year-to-date, demand for bars and coins has grown by a remarkable 36%. Turning to central banks, gold demand remained steady at 93 [metric] tons, with this period being the 11th consecutive quarter in which they have been net purchasers of gold… The figures for Q3 reinforce gold’s continued strength, diversity, and enduring appeal. They suggest that in what has been a challenging year, the market is returning to balance.”

Watch the Video & Download Gold Demand Trends Here

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