The World Gold Council has just launched their flagship quarterly Gold Demand Trends report for Q4 2022 and the full year of 2022- which discusses gold demand and supply in the past year and an outlook for 2023. According to the latest report, 2022 was the strongest year for gold demand since 2011, rising 18% year-on-year. On Money in the Market, Hongbin Jeong speaks to Andrew Naylor, Regional CEO (ex-China) & Public Policy at the World Gold Council to find out more.
Highlights:
01:00 - What led to the surge in gold demand in 2022?
02:45 - Which countries saw a boost in gold demand last year?
04:02 - Was there strong demand for gold in Singapore?
05:14 - What does Singapore's demand for gold tell us about the economy?
06:16 - What were some trends seen from retail investors?
08:00 - What's the outlook for gold demand in the year ahead?