Research Report on Gold Market — Global Industry Analysis and Forecast, 2013 — 2019

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Date Submitted: 06/27/2014 05:01 AM

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Transparency Market Research Reports included a detailed market survey and analysis trends on “Gold Market”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure. Gold is a precious metal and has high ductility as well as malleability, mainly used as jewellery and for investment purposes globally. Gold is currently oversold in a bearish market attributed to its escalating high prices. Gold is considered as the safest bet for investment in devious times of war and high inflation with currency fluctuations. Recent rebellions and war events in the Middle Eastern countries of Tunisia, Libya, Egypt, Syria and now Ukraine has led to rise in investments in bullion. This has caused overselling of gold and thus rapid increase in prices worldwide.

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Rising prices are expected to be a major factor driving the global gold market as more and more consumers are purchasing gold as a mean of long terms investments. Further, political instability and confidence over bullion, as a secure investment with high returns, aid in generating demand for gold. However, strikes, technical issues and diminishing ore grades might hamper the market growth in the coming years. Global gold supply is a mixture of mined gold, scrap recovery and central-bank supply. More than half of gold supply worldwide comes from mined gold. China is the largest producer of mined gold. It overtook South Africa in terms of gold production volume in 2007.

Gold market can be segmented based on its end-use into three segments as jewellery, investment and others. Jewellery market saw a considerable decline between 2009 and 2011. The consumers had liquidated most of their jewellery during this period owing to the economic downturn in 2008-09. However, the market saw a rise again in 2012 due to economic recovery leading to gold’s...