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The Times: Gold Stabilised in 2014 After 'Exceptional' Year

LONDON, 13 February 2015 – Comment from BullionVault features today in a report on the latest global gold demand data from The Times of London's online business pages.

Although total demand slipped to a 5-year low in 2014 on new figures from market-development organization the World Gold Council, it was a "year of stabilisation after an exceptional 2013," the paper says.

Looking ahead, "Mine output has likely peaked, jewellery demand is recovering and central banks in the emerging markets continue to buy," The Times quotes Adrian Ash, head of research at BullionVault.

"Gold investment demand remains well above pre-crisis levels worldwide, although it has of course retreated as financial stress has ebbed since 2010-12."

Times Online subscribers can read the full story here:

Savers seek safety in gold coins and bars

Source: 
The Times