Why Gold?
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Gold, found in jewelry, technology, dentistry, and in bars held by central banks or traded by investors, is a limited natural resource in high demand. 75% of the annual gold supply is from newly mined gold, with recycled gold contributing to the remaining 25%.1
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Gold mining occurs throughout the world, with the top global gold-producing countries being China, Russia, Australia, Canada and the United States.2
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Gold jewelry represents the largest source of annual demand for gold per sector, accounting around 50% of total gold demand.3
Gold Research
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1 World Gold Council. Gold Supply. 2023. https://www.gold.org/gold-supply
2 World Gold Council. Global mine production. 2022, June 9. https://www.gold.org/goldhub/data/gold-production-by-country
3 World Gold Council. Gold Demand Sectors. 2023. https://www.gold.org/about-gold/gold-demand/by-sector