Tuesday, February 18, 2014

Gold Stats For 2013

The gold stats for 2013 are out, reported here:














  • Chinese consumer demand: a record 1,066 tonnes.
  • Indian consumer demand: 975 tonnes.
  • Global consumer demand: 3,864 tonnes.
  • Average price: $1,411/ounce, down 15% from 2012.
  • Overall demand: 3,756 tonnes, down 15% from 2012.
  • Net outflows from ETFs: 881 tonnes.
  • Central bank purchases: 369 tonnes, down 32% from 2012 when demand was at its highest in half a century.