We have previously been on record with our estimate of. Traderfocused apps help you understand the markets. Thomson reuters is one of the best sources of information for businesses and professionals, and its gfms team is the worlds leading consultant in precious metals. Elevated gold prices for 2019 amid renewed investor. Reuters gfms data on gold supplydemand as shown in the summary table.
Gfms world gold survey 2010 2009 major gold discoveries. 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. Seemingly unfettered by the remarkable scale of purchases since the start of 2018, central bank buying totalled a healthy 156. Gold survey 2010gold survey 2010 philip klapwijk executive chairman, gfms ltd. As well as other commodities, they research gold, silver, platinum, palladium, and copper trading. Gfms, which launched its latest gold research publication, gold survey 2010 update 1, in london, said the gains would continue to be driven by investment demand, in response to economic and. Q4 update and outlook january 2018 acknowledgements the estimates shown in gfms platinum group metals survey for the. 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. Q3 update and outlook october 2017 gfms gold survey 2017. We attach the press releases that outline some of the key findings. Thomson reuters gfms recently published its gold survey. Global hedgebook now small so little influence on market net demand total fabrication less scrap supply source. For copies outside of north america, contact gfms at the address on the front cover.
Worlds leading independent research group on gold, silver and pgms markets. H2 update and outlook 29th january 2020 acknowledgements the estimates shown in gfms, refinitiv platinum group metals survey for the main. Gfms gold survey 2016 31st march 2016 gfms copper survey 2016 5th april 2016 gfms gold survey 2016. Gold fields mineral services ltd gfms gfms gold surveys 2001 20. Turbocharge your analysis of the financial markets with the ultimate set of tools. The higher levels of imports, and withdrawals, are boosted by a number of factors, but notably by golds use as an asset class and the requirement for commercial banks to hold physical gold to support. Gold demand trends demand for gold latest data goldhub. Ftprizma zlato je bolje kupiti za nalozbo, kot ga uporabiti. Eikon is more than just a way to access an extraordinary range of data and exclusive marketleading reuters news with eikon content running alongside redi ems, our awardwinning execution management system, you get open and powerful pretrade capabilities. Gold mine production continued to increase in the first half of 2011, rising by 5%, or 63 tonnes, relative to h1 2010. Total cash cost as defined by the gold institute thomson reuters gfmss gold survey 2019 h1. H1 update and outlook 25th july 2019 gfms gold survey 2019. The following details some of the highlights of the report from the briefing given at the launch by philip klapwijk, chairman of the independent metals research consultancy.
On a ytd basis, central bank net purchases totalled 547. Central banks gold demand trends q3 2019 world gold. The higher levels of imports, and withdrawals, are boosted by a number of factors, but notably by gold s use as an asset class and the requirement for commercial banks to hold physical gold to support. Refinitiv is one of the worlds largest providers of financial markets data and infrastructure. World silver survey 2010 a summary the world silver survey has been published annually by the silver institute since 1990. Jewellery fabrication is used in the collation of the. The perth mint is a major sponsor of the gmfs gold survey. Although 38% lower than the same period last year, this is due to q3 2018 seeing the highest level of quarterly net purchases since 2010. And despite the fact that gfms itself stated that the uk only contributed 41 tonnes of gold scrap to the 1280 tonne global gold scrap total in 20, 1400 tonnes of uk gold exports to switzerland is 109% of gfms s 20 global gold scrap estimates. 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. However, our independent estimation, based on our own analysis of the market, is that these unofficial flows may be considerably higher. Gold sourced from the drc accounts for only a tiny portion of mined gold in the international supply chain. Outside back cover 210mm front cover 210mm spine 3. Round tripping gold survey 2014, page 88 gold survey 2015, page 78, 82 chinese commercial bank assets to back investment products.
Copies of each years report are available below in pdf format. Peak production 1,000 1,500 2,000 2,500 tonnes 5 0 500 1969 1974 1979 1984 1989 1994 1999 2004 2009e south africa, united states, australia, canada source. The cover of the gfms gold survey 2017 is sponsored by the following. 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. Reports are available immediately on release in the original pdf format and can be. In its 20 gold surveys, gfms also produced another figure which it called. On a ytd basis a total of fourteen central banks have reported adding to their gold reserves by one tonne or more.
From good delivery bars to kilobars the swiss refineries. Five charts from 2009 gfms gold survey seeking alpha. The silver institute has since 1990 published world silver survey, an annual report on the global silver market. It contains the only truly global analysis of the worlds silver markets and has been produced by thomson reuters gfms, the londonbased analysts of global precious metals markets, on. Quarterly world gold supply and demand tonnes source. World silver survey 2019 11th new york april 2019 11th dubai april 2019 12th mexico city april 2019 gfms gold survey 2019. The survey provides market participants with supply and demand statistics for key sectors of the silver market, as well price and trade data. Sep 14, 2010 gold s price could rise above 1,300 in 2010. Gfms is credited with producing the most authoritative surveys of the gold and silver markets, the annual gfms gold survey and world silver survey, and gfms gold and silver supplydemand data.
The estimates shown in gfms gold survey for the main components of mine. Thanks to ongoing political uncertainty, gold is expected to reach an annual price performance that has not been seen since 20, gfms said in its gold survey 2018 report released on tuesday may 8. London,ukbased precious metals consultancy gfms released the gold survey 2009 update 1 last month. Gold survey 2010 philip klapwijk executive chairman, gfms ltd.
Wldsil sworld silver survey 2011 philip klapwijk chairman gfms limitedchairman, gfms limited new yorknew york, 7thapril 2011april 2011. Gfms gold survey 2019 may 2019 2019 base metals report april 2019 world silver survey april 2019. Gold news gfms gold survey 2018 how does the year ahead. Our history begins with the first annual gold survey in 1967. 2010 world silver survey 2009 world silver survey 2008 world silver survey. 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. Copies of previous editions can be obtained by contacting the silver institute at the address and telephone number on the opening page. Other years figures for refined gold refinery output 2010 2012 were also reduced, with the 20082009 figures being increased. Central banks gold demand trends q3 2019 world gold council. The cover of gfms gold survey 2015 features the wide range of tanaka and. Gold survey 2009 update 1launch, 14th september 2009 12 forthcoming gold survey 2009 update 2 launch, th january 2010 gfms is sponsoring commodities week europe 2009. Supply, demand, price and trade data, also available in pdf format.
From good delivery bars to kilobars the swiss refineries, the gfms data, and the lbma. 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. This figure is down 5 tonnes from the previous year and marks the first annual drop since 2008, according to the gfms gold survey. In their gold survey 20 update 2, thomson reuters gfms indicates annual flows in excess of 150t. It is acknowledged that there is no current industrial level production there. Some of the charts from this report are presented below.
The main cause was a fall in investment demand for gold bars and gold backed etfs, partly due to rangebound gold. The gfms gold mine economics and gfms copper mine economics are now available exclusively on eikon. The main cause was a fall in investment demand for gold bars and gold backed etfs, partly due to rangebound gold prices. Unlike petroleum, which is destroyed in use, gold can be reused and recycled. In 2017, global gold mine production was a reported 3,247 tonnes. Gfms today launched the 14th chinese language version of its annual gold survey at an event in beijing cohosted by china national gold group corporation, the shanghai gold exchange and the world gold. Gfms surveys and forecasts, and the mine economics database provided via the thomson reuters eikon platform reports. Peak gold is the date at which the maximum rate of global gold extraction is reached. According to hubbert peak theory, after the peak, the rate of production declines until it approaches zero. Gfms gold survey q3 launch oct 2019 presentation platts battery metals summit sept 2019 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 world silver survey april 2019 gold survey 2018. Pdf the financial economics of gold a survey researchgate. 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.
London, 14th september 2010, gfms gfms released gold survey 2010 update 1 today, their latest report on the gold market, at a launch in london. Denver gold forum september 22, 2010 3 3,000 other big four declining world supply from mine production 2001. Reports are available immediately on release in the original pdf format and can be viewed, downloaded or saved at the touch of a button. In 2011, gfms estimated 240 tonnes net sale of gold. Denver gold group denver gold group european gold forum 2010european gold forum 2010 zurich 15zurich, 15thapril 2010april 2010. 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. Precious metal gold equivalent aueq total cash costoz production including 5% royalties using industry standard base metal by product credits of. Gfms formally gold fields mineral services are research and consultancy company for the precious metal markets.
Dgg paul walker gfms presentation live gold prices. Gold demand booms in china 1 new at thomson reuters gfms thomson reuters acquisition of gfms 3 first italian language edition of the gold survey 2011 update 1 3 news from the field us silver industrial demand 4 publications and products thomson reuters gfms gold survey 2011 update 1 5 quarterly three year copper forecast 5 events. Bulls to the left of me, bears to the right, here i am. Figure 6 proportion of jewellery demand volume from asia. At the end of march, thomson reuters gfms released its gold survey 2016, looking at the developments in the global gold market and the future of gold prices. World silver survey 2017 11th may 2017 gfms gold survey 2017. The cover of gold survey 20 is sponsored by the following companies. The silver institutes annual world silver surveys for the last three decades, and more. Update 1 report, which analyses the evolution of the gold market so far in 2011. This article summarises key points relating to gold mine production from that report. Mined gold satisfies the majority of annual demand. The annual gfms gold survey is one of the most awaited and respected reports about the gold market. 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. Since we have previously summarized last years developments in the gold market, we are going to focus on the price outlook for 2016.