Gold Market - Global Industry Analysis 2014 - 2020

Global Gold Market: Overview

Gold is a precious metal which is highly ductile and malleable. As a result of this, it is used for making jewelry and for investment purpose across the globe. Due to the escalating prices of gold, it is at present being oversold in the bearish market. In times of high inflation, currency fluctuations, and geopolitical crisis, gold is considered to be the safest investment. In countries such as Ukraine, Syria, Egypt, Libya, and Tunisia, gold is sold lower than its actual cost due to geopolitical strife and rebellion in these countries. This report finds that the growth of the global gold market is likely to be driven by the rising prices of gold across the world.

The research report provides an evaluation of the dynamics that are anticipated to drive or restrain the growth of the market. It further presents a comprehensive overview of the key segments of the global gold market along with the share of various regions of the market. The study presents an assessment of the elements at play in the market along with the predominant trends. To present a clear picture of the market, the study utilizes Porter’s five forces analysis and provides an outlook of the competitive landscape of the global gold market. A thorough evaluation of the strategies, products, and shares of leading companies operating in the global gold market.



Global Gold Market: Trends and Opportunities

The purchase of gold is expected to rise as consumers are focusing on long-term investments. As the confidence over bullion as a secure mode of investment is rising, the demand for gold is also rising at a considerable rate. However factors such as degrading ore grades, technical issues, and strikes are anticipated to hamper the growth of the global gold market. The global gold market is likely to be affected by the fluctuating supply of mined gold as the global gold production is a mix of scrap recovery, central bank supply, and mined gold. More than half of the global gold supply comes from mined gold. Presently, in terms of mined gold production, China is the leading country. It overshadowed South Africa in 2007 in terms of production of mined gold.

Based on end user, the global gold market is segmented into investment, jewelry, and others. The jewelry market witnessed a significant decline from 2009 to 2011 as many consumers liquidated their jewelry due to the economic downturn in 2008 to 2009. However, due to the increasing disposable income of consumers in emerging economies, such as those in Asia Pacific, are likely to aid in the recovery of gold prices and bode well for the market growth.

Global Gold Market: Regional Outlook

Geographically, Asia Pacific emerged dominant in terms of production as well as consumption of gold. The maximum consumption of gold in the region was observed among South East Asian countries. The rising industrial demand for gold from countries such as China, India, and other South East Asian countries is expected to augment the growth of the gold market in Asia Pacific. In terms of growth, Europe dominated the market with Russia as the leading producer of gold in the region. Other key gold producing countries are Uzbekistan, the U.S., Papua New Guinea, Peru, Mexico, Indonesia, Canada, Brazil, and Australia.

Companies Mentioned in the Report

Leading players operating in the global gold market are focusing on capitalizing the opportunities arising in developing countries in Asia Pacific. Some of the leading companies are New Gold Inc., Jinshan Gold, Harmony Gold Mining Company Limited, Gabriel Resources Limited, Barrick Gold, and AngloGold Ashanti.

Browse the Full “Gold Market - Global Industry Analysis, Size, Share, Trends and Forecast 2014 – 2020” Report at :http://www.transparencymarketresearch.com/gold-market.html

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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