Gfms gold survey 2012 pdf

Gold demand trends demand for gold latest data goldhub. Our history begins with the first annual gold survey in 1967. Gold fields mineral services ltd gfms gfms gold surveys 2001 20. The silver institute has since 1990 published world silver survey, an annual report on the global silver market. The big question though is what is likely to happen to chinese demand after it reached record levels in in 201 far east, some consumers 201 been awaiting a rebound in the gold price, while scrap flows in china have been broadly flat. Gfms survey sees higher prices for palladium may 5th, 2014. The cover of gfms gold survey 2014 features japans fujiyama covered with. Each year gfms publishes a gold survey and related update reports later in the year. First publishing its annual gold survey in 1967 as goldfields mineral services, the londonbased. On a ytd basis a total of fourteen central banks have reported adding to their gold reserves by one tonne or more. Gfms expects 2007 to be more positive with global output forecast to stage a moderate improvement of between 1% and 2%. One thing i cant figure out yet gfms has china listed above australia in its ranks of producers.

When you find the article helpful, feel free to share it with your friends or colleagues. Q1 update and outlook 26th april 2016 world silver survey 2016 5th may 2016 gfms platinum group metals survey 2016 12th may 2016 gfms gold survey 2016. The survey provides market participants with supply and demand statistics for key sectors of the silver market, as well price and trade data. Since we have previously summarized last years developments in the gold market, we are going to focus on the price outlook for 2016.

Barrick gold corporation caledonia mining corporation caza gold. Copies of each years report are available below in pdf format. Gfms, thomson reuters world gold supply scrap 2,000 mine production real gold price 6,000 5,000 3,000 2,000 1,000 net producer hedging net official sector sales 2009 2011 20 2015 1,500 1,000 0 500 2017. Gfms statistics on gold,silver and pgms supplydemand the accepted benchmarks for the industry. Gfms survey sees higher prices for palladium cmi gold. The value of gold reached its highest annual average since 20 driven by investor sentiment and macroeconomic factors according to the refinitiv gfms gold survey. This is the twentyninth edition of the world silver survey produced by the gfms team at thomson reuters for the silver institute. Still, many analysts consider them to be suitable hedges against a decline in the dollar. Physical gold demand rises in first half, but market sees. Philip klapwijk, global head of metals analytics philip newman. The information here is sourced well and enriched with great visual photo and video illustrations.

Gold demand fell 1% in 2019 as a huge rise in investment flows into etfs and similar products was matched by the pricedriven slump in consumer demand. Bulls to the left of me, bears to the right, here i am. It does not take into account the investment objectives, financial situation or particular needs of any particular person. Surveys and reports are available for gold, silver, platinum and palladium, base metals, and historically for copper. This continues the trend of purchases by a broad spectrum of emerging market central banks albeit with a small subset accounting for the bulk of the purchases in q3, turkish gold reserves saw the largest increase, rising by 71. The gfms gold mine economics and gfms copper mine economics are now available exclusively on eikon. Reports are available immediately on release in the original pdf format and can be. Pdf the financial economics of gold a survey researchgate. The cover of gfms gold survey 2015 features the wide range of tanaka and valcambi. Gfms surveys and forecasts, and the mine economics database provided via the thomson reuters eikon platform reports. Other years figures for refined gold refinery output 2010 2012 were also reduced, with the 20082009 figures being increased.

The following is for informational purposes only and was developed by thomson reuters gfms on behalf of the silver institute in washington, dc. Supply, demand, price and trade data, also available in pdf format. A widening gap between mining costs and the gold price helped encourage a 2. He has worked for gfms as part of the gold research team since 1989. Elevated gold prices for 2019 amid renewed investor. However, because of its superior electrical conductivity and resistance to corrosion and other desirable combinations of physical and chemical properties, gold also emerged in the late 20th century as an essential. Surge in etf inflows supports q3 gold demand growth. Mine production increased only fractionally in 2012, by 0. While the average of all forecasts suggest a modest 1. Gfms thus puts 20 new mine production of gold at a record 3,022 tonnes, a 6% gain over 2012. Quarterly world gold supply and demand tonnes source. World silver survey 2019 11th new york april 2019 11th dubai april 2019 12th mexico city april 2019 gfms gold survey 2019. Gold has been treasured since ancient times for its beauty and permanence. Outside back cover 210mm front cover 210mm spine 3.

The environment for gold investment should remain supportive this year, said philip klapwijk, gfms s global head of metals analytics, speaking at the london launch of the consultancys gold survey 2012, the gold industrys dominant data and analysis title, on wednesday. This is perhaps 200300 tonnes higher than that predicted by many other gold observers, but the gfms statistical team is more likely to be correct in this than others whose figures have perhaps more been based on conjecture than actual fact. And its true that chinas gold production went up 8% in 2006 while australias gold production went down 5%. The cover of gold survey 20 is sponsored by the following companies. Jewellery fabrication is used in the collation of the. While gold is apparently causing even the professionals to scratch their heads, the. In 2011, gfms estimated 240 tonnes net sale of gold. The annual gfms gold survey is one of the most awaited and respected reports about the gold market. Gfms took the wraps off its much anticipated gold survey 2007 report. Valcambi is a leader in precious metals refining and operates one of the worlds largest and most efficient integrated precious metals plants situated on a 33 hectare site, at balerna, switzerland. Ronan manly is a precious metals analyst with bullionstar whose blogs. Theres no real consensus among analysts about the direction and price of gold in this years survey. Unctad secretariat, based on world gold council various. Silver market update march 2020 refinitiv gfms gold survey h2 2019.

Gfms gold survey 2010 world gold fabrication developing countries industrialised countries 2009 down 472t or 16% yoy source. Commodities at a glance special issue on gold unctad. Gold hits sevenyear high as imf warns of largest recession in 90 years. Mine production was 3% higher in the first half compared with the first half of 2012. We used data available in gfmss gold survey 2012 to update through 2011. H2 update and outlook 29th january 2020 acknowledgements the estimates shown in gfms, refinitiv platinum group metals survey for the main.

This unique set of qualities has made it a coveted object for most of human history in almost every civilization, and there have been active gold markets for over. Gold investment to set new record in 2012 gold news. Gfms gold survey h1 2019 update july 2019 gfms pgm survey 2019 may 2019 gfms gold survey 2019 may 2019 2019 base metals report april 2019. Latest gfms gold survey reports record 20 gold production. The acquisition of gfms in august 2011 strengthened our offerings to the metals sector by combining gfms powerful forecast analytics and rich fundamentals content with our leading news and pricing service. The silver institutes annual world silver surveys for the last three decades, and more. Gfms gold survey 2016 31st march 2016 gfms copper survey 2016 5th april 2016 gfms gold survey 2016. The information contained herein is based in part on the analysis of publicly available data such as hallmarking series, trade statistics, company reports and other publicdomain information. Although precious metals, platinum and palladium have never functioned as money. Gold survey but adapted to the world gold councils presentation. Central banks gold demand trends q3 2019 world gold.