2018 First Quarter- Gold Demand vs Supply (Abstract from Gold.Org : Link here https://www.gold.org/news-and-event...8-gets-off-to-quiet-start-as-investment-slows )
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- Overall gold demand in Q1 2018 was 973t, a decrease of 7% compared with 1,047t in Q1 2017
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- Total consumer demand for Gold fell by 6% to 743t, from 790t in the same period last year
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- Total investment demand was down 27% to 287t compared with 394t in Q1 2017
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- Global jewellery demand fell 1% to 488t, from 492t in the same period in 2017
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- Central bank demand grew by 42% to 116t compared with 82t in Q1 2017
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- Demand in the technology sector increased 4% to 82t compared with 79t in Q1 2017
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- Total supply was up 3% to 1,064t, from 1,032t in the same period last year
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- Recycling was virtually unchanged at 288t, compared with 287t in Q1 2017
Israel going to Mega Gold Spike in September ?, page-9
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