- October 1, 2014: Vol. 1, Number 1

To read this full article you need to be subscribed to Real Assets Adviser

Gold Demand, Price Fall in Second Quarter


Gold demand fell 16 percent in the second quarter of 2014 from the same period the year before, according to the World Gold Council. In addition, gold prices dropped 9 percent, reports the WGC, with the London PM fix at $1,288 per ounce in the second quarter, down from $1,415 per ounce in the second quarter of 2013.

The culprit was a drop in demand attributed to lowered interest from the jewelry industry (generally the largest segment of demand, and representing 53 percent of gold demand). Additionally, gold supply increased by 10 percent, and mining production was up 4 percent year-over-year in the second quarter.

Central banks continued to be a strong source of demand in the second quarter, representing 12 percent of the market, with a 28 percent increase in demand year-over-year.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy