6min chapter

Dig Deep – The Mining Podcast Podcast cover image

An Update on the State of Gold - Interview with Krishan Gopaul of the World Gold Council

Dig Deep – The Mining Podcast Podcast

CHAPTER

How Has the Gold Market Changed Over the Last 20 Years?

The gold market has changed radically over the last ten, 20 years. Gold exchange headed funds really kind of took off in two thousand and three. They account for about four thousand tons of gold being held within these products. And it's a really easy vehicle forr investors to getin of gold. We've seen an increase in the oval scale of the market but that we've seen a shift within the sectors too. So jewelry now isn't as dominAs it used to. It still accounts for about 50 % of gold demand every year. E but now investment is far, far more important as well. I think part of that is the environment. Wherein we just seeing, you know

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