Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Today

GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

Gold Demand Trends Full Year 2013

25 february 2014

The World Gold Council recently published its Gold Demand Trends (GDT) 2013 report.
According to the released document, in 2013 supply of gold declined by 2% to 4,339.9 t as a drop in recycling activity (in response to lower gold prices) more than offset growth in mine production.
2013 saw the largest volume increase in jewellery demand for the recent 16 years as consumers across the globe reacted to lower gold prices. Full year global gold demand was 2,209.5 t, 17% above the corresponding figure in 2012 and posting the highest level since the onset of the 2008 financial crisis.
2013 was a year of contrast between the different elements of gold investment. Demand for bars and coins surged to an all-time high of 1,654.1 t as individual investors took advantage of lower prices, while large-scale selling of more tactical ETF positions by western investors generated outflows of 880.8 t.
Annual demand for gold used in technology stabilised at 404.8 t, from 407.5 t in 2012. The lower price environment and improved global economic outlook was supportive for gold used in a range of applications in the sector.
Net gold purchases by central banks increased global official gold reserves by 368.6 t. 2013 was the fourth consecutive year of net purchases, albeit at a slightly reduced pace due to the environment of heightened gold volatility and slower foreign reserve accumulation, the World Gold Council reported.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished