Jewellers' Network

Category: Trends

Trends & Opportunities in Gold Industry

What to Expect in 2016 ?

gold

BY Hiren M Samani – Sr.SEO at Transparency Market Research Pvt. Ltd.

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.  Continue reading…