Diamond News

The World Gold Council has published an extensive forecast for the next 30 years in the gold market which can be found in .pdf form here[1]. Some highlights:

  • The expanding middle class in China and India, combined with broader economic growth, will have a significant impact on gold demand.
  • Use of gold across energy, healthcare and technology is changing rapidly. Gold’s position as a material of choice is expected to continue and evolve over the coming decades.
  • Mobile apps for gold investment, which allow individuals to buy, sell, invest and gift gold will develop rapidly in India and China.
  • Environmental, social and governance issues will play an increasing role in re-shaping mining production methods.
  • The gold mining industry will have to grapple with the challenge of producing similar levels of gold over the next 30 years to match the volume it has historically delivered.

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ORIGINAL SOURCE: Gold 2048[2] at World Gold Council[3] on 5/17/18...

References

  1. ^ here (www.gold.org)
  2. ^ Gold 2048 (www.gold.org)
  3. ^ World Gold Council (www.gold.org)

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