Gold Demand Trends -- Second quarter 2013 (per World Gold Council)

LONDON (Aug 21)  Executive summary: Key findings for second quarter 2013 examined by sector and region. Global Gold Market: Second quarter 2013 review

•Jewellery: Multi-year high in the jewellery sector as lower prices generated a surge in demand from consumers.

•Investment: Record demand for gold bars and coins was countered by sizeable net outflows from ETFs, resulting in a year-on-year decline in overall investment demand relative to Q2 2012.

•Technology: Technology sector saw marginal growth, the 1% year-on-year increase the first in two years.

•Central Banks: Central banks demand slowed in Q2 2013 from record quarter in year previous, marking tenth consecutive quarter of purchases.

•Supply: Total gold supply shrunk 6% from Q2 2012, almost solely due to the reduction in recycling.

(Source:  World Gold Council)