The latest WGC gold data shows overall demand remains sound and reverting to longer-term growth patterns after a record 2013
Gavin Wendt
MineLife
The latest WGC gold data shows overall demand remains sound and reverting to longer-term growth patterns after a record 2013. Gold demand last year was exceptionally strong despite (or perhaps because of) the gold price plunge. Not surprisingly, the latest WGC figures show a sharp decline compared to a year ago, with global demand put at 964 tonnes for Q2, down 16% on the same period of 2013. Analysts are quick to point out that Chinese demand appears to be heavily down year on year, but they failto point out the truly exceptional nature of the 2013 figures, and compared with earlier years, Chinese demand remains very strong.
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Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
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Gavin Wendt
Founding Director
MineLife
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
Gavin Wendt
Founding Director
MineLife
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
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