From the number of supply-side gold 2011 annual production of a new high of 2809.5 tons, compared to 4% growth in 2010. Recycled gold fell 2 percent World steel pipe network editing , to 1611.9 tons, the Gold Council, taking into account the average price of gold rose 28%, which shows that the depletion of the supply of quasi-market, consumers may continue to hold gold in their hands, and look forward to higher prices.
The report shows that the main driving force of the increase in demand from the investment of its annual demand of 1640.7 tons, compared with an increase of 5 percent in 2010, valued at $ 82.9 billion. 2011, investment demand is the most prominent market for India, China and Europe. China and India accounted for 55% of the global jewelery demand, 49% of the total global demand.
World Gold Council Managing Director, Investment Guo Bosi is expected in 2012 most likely will be the first to become the world's largest gold market, largely from the jewelry and investment demand link.
Released yesterday by the World Gold Council, gold demand trends report "shows that the 2011 global demand for gold rose to 4067.1 tons, an increase of 0.4 percent, worth about $ 205.5 billion, which is the value of global gold demand is over 200 billion U.S. dollars for the first time World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor , demand The amount of hit the highest point since 1997. Gold Council expects in 2012 in the China market, driven by the demand for gold will continue to grow, China is likely the first time the world's largest gold market.