Posts about GFMS Gold Survey written by RyanPomy. The estimates shown in the GFMS Gold Survey for the main .. to reach 1, tonnes, the highest since , at a notional dollar value of. THIS WEEK saw the launch of ‘Gold Survey ‘ by Thomson Reuters GFMS, the world’s foremost research firm focusing on precious metals.
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All articles published here are to inform your thinking, not lead it. For those weighing up the pros and cons of making a Gold Investment this year there were both bullish and bearish signals, writes Ben Traynor at BullionVault.
Many of the factors expected to fuel investor interest this year — low or negative real interest rates and shaky equity markets — were present last year, Thomson Reuters GFMS said. Thinking of investing in gold?
This process went into reverse as the bull market got underway. With Gold Prices rising, producers began to de-hedge, buying back positions and thus contributing good gold demand.
GFMS GOLD SURVEY – Gold seen hitting $2,/oz by year-end – The Bullion Desk
December 27 November 39 October 38 September 32 August The dynamics behind most Gold Investment will continue to play out well beyond the end of this year. Gold Investment therefore needs to take up that slack.
He also pointed out that institutions such as pension funds and sovereign wealth funds — where Gold Investment remains relatively rare — could still offer some scope for growth. BullionVault cookies and third-party cookies. Gold Mining supply is expected to continue growing this year. North America and Latin America meantime posted modest scrap supply growth. These help us understand how visitors use our websites so we can improve them.
Signatories to the Central Bank Gold Agreement have made what GFMS calls “trivial sales” in recent years, while emerging market central banks have been Buying Gold in significant quantities.
Worldwide gold mine production rose for the third year running in Thomson Reuters GFMS cited fears over eurozone sovereign debt — specifically escalating concerns over Spain — and an interruption to the tentative recovery in the US economy that will force to Federal Reserve to carry out further monetary easing to drive gold higher.
Gold Investor Index 4 December Europe, China, Thailand and the Indian subcontinent all saw growth in physical gold bar investment investors in North America, as Klapwijk pointed out, tend to prefer Gold Coins to Gold Bars. Editing by Mark Shaw. One attendee at the launch asked whether there might be a case for saying many western investors are now overinvested in gold. Latest gold news by email.
Here are some highlights: Although GFMS says it expects scrap supply to rise this year, another traditional source of supply — central gdms — is expected to be absent see golx. By contrast, supply from these sources has been flat sincedespite a sharp jump gfns scrap supplies at the onset of the financial crisis. Fuel Cell Energy ‘Now Gtms. Although most of the world’s regions saw a fall in gold jewelry fabrication in tonnage terms, there was a slight gain in Russia and more significant growth of around 40 tonnes in East Asia, which “boils down to China” said Klapwijk.
No, Bitcoin isn’t “new” gold.
GFMS GOLD SURVEY 2012 – Gold seen hitting $2,000/oz by year-end
From developing nations in the East to the quantitatively eased economies of the West, people are turning to gold as gvms vehicle for ogld the value zurvey their wealth and an insurance hedge against tail risks.
GFMS estimates that this leaves a “surplus” of gold supply equivalent to around tonnes. Several BRIC countries — specifically Brazil, India and China — are also likely to loosen monetary policy, which would be bullish for gold. The swing to net buying by central banks is a key factor behind the flat supply picture of recent years that was noted above.
The significance of this is that investments in physical gold tend to represents “stickier” investments than other forms of getting exposure to the metal for example buying Gold Futures — meaning it would probably take more for such investors to exit the positions they’ve built.
Money Observer 6 August A Cambridge economics graduate, he is a professional writer and editor with a specialist interest in monetary wurvey. But official sector purchases by central banks to diversify away from the dollar also increased to more than tonnes last year, which inspired investors.
Only Europe saw significant growth in scrap Gold Bullion supply last year old jewelry, gold watches etc.
Scrap supply appears to be flat On a global level, scrap supply fell by around 50 tonnes — equivalent to almost two thirds of the year’s Gold Mining production growth. By contrast, hedging positions were equivalent to around tonnes in and Despite this eastwards demand pull, though, GFMS expects gold jewelry consumption to fall again this year, citing high Gold Prices and a slowdown in global growth.
Last year saw an annual gain of 2. Furthermore, the consultancy expects investment demand for gold to set a fresh all-time high of close to tonnes in Gold Bullion terms. A lot of Gold Investment is required just to maintain current prices. Gold Investor Index 4 December Gold buying ‘cautious’ again. Gold jewelry demand is surve to fall again Gold jewelry fabrication demand fell 2. Still, total investment demand dipped last year in tonnage terms — selling hold futures and on OTC markets, profit-taking and technical selling outweighed a bumper year for physical investment, it said.
Portfolio Adviser 19 October Beyond gold ‘chatter’. On the fundamental side, jewellery fabrication fell just two percent in despite high prices.