Gold demand trends: full year 2014.

An overview of the trends in gold demand for 2014 is presented. Demand for gold in 2014 was 3 923.7 tonnes, which was down 4% year-on-year, and the global annual jewellery demand of 2 152.9 t was down 10% year-on-year, but above the 5-year average by 5%. Investment demand of 904.6 t in 2014 was 2% above the 2013 total, while demand for gold bars and coins fell from that in 2013. Central bank net purchases of 477 t were the second highest for 50 years. Gold demand in the technology sector fell to 389 t for the year, owing to continued substitution. Total supply, at 4 278.2 t, was static, while mine production increased to 3 114 t and recycling volumes experienced a further decline.
An overview of the trends in gold demand for 2014 is presented. Demand for gold in 2014 was 3 923.7 tonnes, which was down 4% year-on-year, and the global annual jewellery demand of 2 152.9 t was down 10% year-on-year, but above the 5-year average by 5%. Investment demand of 904.6 t in 2014 was 2% above the 2013 total, while demand for gold bars and coins fell from that in 2013. Central bank net purchases of 477 t were the second highest for 50 years. Gold demand in the technology sector fell to 389 t for the year, owing to continued substitution. Total supply, at 4 278.2 t, was static, while mine production increased to 3 114 t and recycling volumes experienced a further decline.