Gold Prices Shine Brighter, These are the Countries with the Highest Per Capita Demand for Precious Metals

Mining

Premium

Viva Budy Kusnandar 13/08/2019 10:11 WIB

URL has been copied

Memuat...

Since 2013, Hong Kong (China) has recorded the world's highest per capita gold demand.

Top 10 Countries with the Highest Per Capita Gold Demand (2018)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Gold Prices Shine Brighter, These are the Countries with the Highest Per Capita Demand for Precious Metals”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Top 10 Countries with the Highest Per Capita Gold Demand (2018)

Download

Source

A Small Font
A Medium Font
A Bigger Font

As of 8:30 WIB on Tuesday, August 12, 2019, the price of gold for one-month futures contracts increased by 0.64% to US$1,528/ounce, compared to the previous day's closing price. As a result, gold prices have risen 19.25% this year compared to the end of last year.

According to data from the World Gold Council (WGC), Hong Kong (a special administrative region of China) has the highest per capita gold demand in the world, reaching 6.96 grams per capita. Hong Kong's gold demand surged 71% to 6.86 grams per capita in 2013, exceeding that of Switzerland. Since then, Hong Kong has consistently led the world in per capita gold demand.

For information, global gold demand in 2018 reached 4,396.8 tons, a 4.67% increase from the previous year. Of this amount, 2,241.3 tons, or about 50.98%, were for jewelry, while 1,164.4 tons, or 26.5%, were for investment purposes. The remaining 991 tons were used for technology, central banks, and other purposes.

(Read Databoks: Gold Price Today US$1,510/Ounce, What is the World's Supply of Precious Metals?)

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."