Gfms gold survey 2012 pdf

Gold has been treasured since ancient times for its beauty and permanence. 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. Gold hits sevenyear high as imf warns of largest recession in 90 years. Most of the gold that is fabricated today goes into the manufacture of jewelry. Central banks gold demand trends q3 2019 world gold. While gold is apparently causing even the professionals to scratch their heads, the. Each year gfms publishes a gold survey and related update reports later in the year.

Unctad secretariat, based on world gold council various. Barrick gold corporation caledonia mining corporation caza gold. He has worked for gfms as part of the gold research team since 1989. 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. Other years figures for refined gold refinery output 2010 2012 were also reduced, with the 20082009 figures being increased. The gfms gold mine economics and gfms copper mine economics are now available exclusively on eikon. The survey provides market participants with supply and demand statistics for key sectors of the silver market, as well price and trade data.

2012 world silver survey 2011 world silver survey 2010 world silver survey. When you find the article helpful, feel free to share it with your friends or colleagues. Surveys and reports are available for gold, silver, platinum and palladium, base metals, and historically for copper. Our history begins with the first annual gold survey in 1967. Quarterly world gold supply and demand tonnes source. Gfms survey sees higher prices for palladium may 5th, 2014. 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 gold survey 2010 world gold fabrication developing countries industrialised countries 2009 down 472t or 16% yoy source. Surge in etf inflows supports q3 gold demand growth. 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. Copies of each years report are available below in pdf format. Philip klapwijk, global head of metals analytics philip newman. H2 update and outlook 29th january 2020 acknowledgements the estimates shown in gfms, refinitiv platinum group metals survey for the main. One thing i cant figure out yet gfms has china listed above australia in its ranks of producers. Gold survey but adapted to the world gold councils presentation.

Real gold price 1,700 1,400 0 1,100 800 2009 2011 20 2015 2017 retail investment refers to physical bar and coin investment. This is the twentyninth edition of the world silver survey produced by the gfms team at thomson reuters for the silver institute. Gfms statistics on gold,silver and pgms supplydemand the accepted benchmarks for the industry. Bulls to the left of me, bears to the right, here i am. Gfms surveys and forecasts, and the mine economics database provided via the thomson reuters eikon platform reports.

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. The cover of gfms gold survey 2014 features japans fujiyama covered with. The annual gfms gold survey is one of the most awaited and respected reports about the gold market. 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. Gfms thus puts 20 new mine production of gold at a record 3,022 tonnes, a 6% gain over 2012.

Gold investment to set new record in 2012 gold news. Gold demand trends demand for gold latest data goldhub. Since we have previously summarized last years developments in the gold market, we are going to focus on the price outlook for 2016. Commodities at a glance special issue on gold unctad. Gfms survey sees higher prices for palladium cmi gold. The gfms 2018 gold survey is sponsored by tanaka precious metals and valcambi suisse. Gold fields mineral services ltd gfms gfms gold surveys 2001 20. We used data available in gfmss gold survey 2012 to update through 2011. While the average of all forecasts suggest a modest 1. Still, many analysts consider them to be suitable hedges against a decline in the dollar. 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.

Supply, demand, price and trade data, also available in pdf format. Reports are available immediately on release in the original pdf format and can be. And its true that chinas gold production went up 8% in 2006 while australias gold production went down 5%. The information here is sourced well and enriched with great visual photo and video illustrations. 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. H1 update and outlook 25th july 2019 gfms gold survey 2019. It does not take into account the investment objectives, financial situation or particular needs of any particular person. Hello, we provide concise yet detailed articles on gold choices. The cover of gfms gold survey 2015 features the wide range of tanaka and valcambi.

Gfms expects 2007 to be more positive with global output forecast to stage a moderate improvement of between 1% and 2%. In 2011, gfms estimated 240 tonnes net sale of gold. The silver institute has since 1990 published world silver survey, an annual report on the global silver market. On a ytd basis a total of fourteen central banks have reported adding to their gold reserves by one tonne or more. Elevated gold prices for 2019 amid renewed investor. Latest gfms gold survey reports record 20 gold production. A widening gap between mining costs and the gold price helped encourage a 2. Physical gold demand rises in first half, but market sees surplus. Gfms took the wraps off its much anticipated gold survey 2007 report. World silver survey 2019 11th new york april 2019 11th dubai april 2019 12th mexico city april 2019 gfms gold survey 2019.

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. Gfms gold survey 2016 31st march 2016 gfms copper survey 2016 5th april 2016 gfms gold survey 2016. The cover of gold survey 20 is sponsored by the following companies. Outside back cover 210mm front cover 210mm spine 3. Jewellery fabrication is used in the collation of the. April 11 thomson reuters gfms publishes its 2012 outlook for world gold prices, demand and supply. Theres no real consensus among analysts about the direction and price of gold in this years survey.

Ronan manly is a precious metals analyst with bullionstar whose blogs. First publishing its annual gold survey in 1967 as goldfields mineral services, the londonbased. 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. 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 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 value of gold reached its highest annual average since 20 driven by investor sentiment and macroeconomic factors according to the refinitiv gfms gold survey. Gfms launched gold survey 2006 today, the 38th edition of their authoritative annual survey of the world gold market, at events in london, toronto and johannesburg. The silver institutes annual world silver surveys for the last three decades, and more. Although precious metals, platinum and palladium have never functioned as money. Pdf the financial economics of gold a survey researchgate.