世界黄金协会：2022第四季度暨全年全球黄金需求趋势报告（英文版）（24页）.pdf

1、01Gold Demand Trends|Full Year and Q4 2022Gold Demand TrendsFull Year and Q4 202231 January 2023|www.gold.orgHighlights2022 saw a record annual average LBMA Gold Price PM of US$1,800/oz.The gold price closed the year with a marginal gain,despite facing notable headwinds from the strong US dollar and

2、 rising global interest rates.Although the Q4 average price was slightly weaker both q-o-q and y-o-y,a sharp November rally was followed by continued recovery throughout the closing weeks of the year.Brisk retail investment lifted bar and coin demand to a nine-year high.Strong growth in Europe,Turke

3、y and the Middle East offset a sharp slowdown in China,where demand was affected throughout the year by COVID-related factors.Indian gold demand remained robust compared with longer-term pre-pandemic levels.Despite a fairly soft start to the year,Indian consumer demand recovered and only just fell s

4、hy of the strong levels of demand seen during 2021.Continued recovery from COVID-19 boosted yearly comparisons,although the sharp local price rally choked off demand in the closing weeks of December.Total gold supply halted two years of successive declines in 2022,lifted by modest gains in all segme

5、nts.Full-year mine production grew 1%but failed to match its 2018 peak.Annual recycling supply made only marginal gains,despite strong local currency price rises in many markets.For more information please contact:researchgold.org2022:strongest year for gold demand in over a decade Colossal central

6、bank purchases,aided by vigorous retail investor buying and slower ETF outflows,lifted annual demand to an 11-year high Annual gold demand(excluding OTC)jumped 18%to 4,741 tonnes(t),almost on a par with 2011 a time of exceptional investment demand.The strong full-year total was aided by record Q4 de