Over the past three decades the gold market has undergone extraordinary change . The structure and dynamics of demand and supply are vastly different from those of thirty years ago. Yet amid this transformation, our quarterly report – Gold Demand Trends – has been a constant. 

Since its introduction in late 1992  Gold Demand Trends has been an insightful and reliable source of the most comprehensive data and analysis available on the global gold market. To mark the report’s 30th anniversary, we look back at some of the significant events that have come to define the modern gold market and helped cement the integral role that gold plays as a strategic investment. 

 

Chart 1: The changing structure of the gold market since 1992*

The changing structure of the gold market since 1992*

The changing structure of the gold market since 1992*
*Data as at 31 December 2022. Source: Metals Focus, Refinitiv GFMS, World Gold Council

Sources: Metals Focus, Refinitiv GFMS, World Gold Council; Disclaimer

*Data as at 31 December 2022.