“Colossal central bank purchases, aided by vigorous retail investor buying and slower ETF outflows, lifted annual demand to an 11-year high Annual gold demand (excluding OTC) jumped 18% to 4,741t, almost on a par with 2011 – a time of exceptional investment demand. The strong full-year total was aided by record Q4 demand of 1,337t.”
USAGOLD note: Some very positive numbers from the World Gold Council to launch the new year…… This report garnered considerable attention in the global financial media. We offer the link above for those who like to dig into the numbers.
Chart courtesy of World Gold Council • • • Click to enlarge