World Gold Council Reports 2 % increase in Investment Demand in 2014 – Mining Life

Demand for gold still 4 % below 2013 levels

The World Gold Council’s Gold Demand Trends (GDT) is the leading industry resource for data and opinion on world-wide gold demand. Our quarterly publication examines demand trends by sector and geography.

Full year gold demand totalled 3,923.7 tonnes in 2014 (from 4,087.6t in 2013). The 4% year-on-year drop was unsurprising as consumer demand was never likely to match the previous year’s record surge. Total annual supply was virtually unmoved at 4,278.2t. Growth in mine supply was balanced by a decline in recycling volumes to a seven-year low.

Read More: http://mininglifeonline.net/news_view_5365.html