World Gold Demand

 

Historically gold is always in demand as currency, collateral, for innovative industrial use and to adorn wearers worldwide. As current international finance markets become unstable, gold is in more demand.

According to the World Gold Council in 2017 dollar demand for gold remained above the $US100 billion mark and is expected to continue increasing in 2018.

Industry reported trends indicated that total demand in 2017 increased due to strong jewelry and industrial demand. Gold retains its intrinsic value proposition. Various analysts are forecasting a steady increase in gold price starting from 2018.

As world markets enter a period of uncertainty and potential volatility, gold will inevitably continue to be in high demand.

 

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