We published a new primer on #gold last week at the same time as #golddemandtrends
"Gold Market Size and Structure"
gold.org/goldhub/resear…
"Gold Market Size and Structure"
gold.org/goldhub/resear…
I'll tweet out some of the highlights from the report for those too lazy to download it.
Above: total stock of #gold above ground is about 209,000t.
Below, the value of this stock.
Above: total stock of #gold above ground is about 209,000t.
Below, the value of this stock.
Note that there are substantial quantities of OTC #gold derivative positions that are not included in this total as this information is not readily or reliably available.
I find this graphic to be very useful when setting the scene about #gold demand.
It demonstrates the diversity of demand and shows the relative strength of the categories (10-year averages).
It demonstrates the diversity of demand and shows the relative strength of the categories (10-year averages).
And this grpahic shows the diversity of supply.
(not the bubbles are only approximately scaled - we couldn't get Europe into any sensible sized bubble as it's production is so tiny).
(not the bubbles are only approximately scaled - we couldn't get Europe into any sensible sized bubble as it's production is so tiny).
Finally, #gold's proportion of Global Central Bank reserves is shown on this graphic.
Our #gold primers are a growing source of background information on the gold market and can be accessed on Goldhub here:
gold.org/goldhub/resear…
gold.org/goldhub/resear…
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