A diverse range of forces underpins the value of gold. Our in depth market focus reports examine key regional supply and demand dynamics. Our most recent research includes:

China gold report – Gold in the Year of the Tiger

This 70 page report examines the evidence that suggests gold consumption in China will continue to catch up with other leading economies, following deregulation of the Chinese gold market in 2001. Demand for China’s two largest gold sectors (jewellery and investment) reached a combined total of 428 tonnes in 2009, yet domestic mine supply contributed only 314 tonnes during the same year.
Despite China being the world’s largest gold producer since 2007, an increase in appetite for gold is widening the gap between demand and supply each year. We expect this balance to remain in disequilibrium. If China continues to advance at near to current rates in terms of GSDP growth and wealth, gold consumption will continue to expand, with the potential to double during the next decade.
Download your copy of our complete China Gold Report here.

Indian Gold Report - India: Heart of Gold

This is the first of a new series of reports on the Indian gold market, offering an analysis of the history, recent developments and revival of Indian demand during 2010.
A symbol of security and a sign of prosperity, Gold is an essential part of everyday life in India. Its appeal transcends generations and social strata. Indians see jewellery purchases as an investment in a tradable liquid asset. As the world’s largest gold consumer market, demand and supply patterns in India have a distinct impact on the gold market worldwide.
Over the past ten years, the value of gold demand in India has increased at an average rate of 13% per year, outpacing India’s real GDP growth by almost 6%. In 2010 Indian gold demand is likely to recover near to its pre-credit crunch level.
Download your copy of our complete Indian Gold Report here