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Gold - Global Strategic Business Report

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    Report

  • 284 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 362128
The global market for Gold is estimated at 4.5 Thousand Tonnes in 2023 and is projected to reach 6.3 Thousand Tonnes by 2030, growing at a CAGR of 5.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the gold market is driven by several factors. Economic volatility and uncertainty often lead investors to gold as a safe store of value, pushing up its price and demand. Technological advancements that lower the cost of gold extraction and processing also contribute to market growth by sustaining its supply at lower costs. Moreover, the expansion of the middle class in emerging economies boosts demand for gold jewelry and ornaments, further propelling the market. Additionally, as new uses for gold in technology and medicine are developed, its industrial demand continues to expand. Global trade policies and geopolitical tensions can also impact the gold market, influencing investor behavior and gold prices.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Gold Jewelry segment, which is expected to reach 3.0 Thousand Tonnes by 2030 with a CAGR of a 5.5%. The Gold Bars & Coins segment is also set to grow at 4.4% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at 1.2 Thousand Tonnes in 2023, and China, forecasted to grow at an impressive 7.5% CAGR to reach 1.4 Thousand Tonnes by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Gold Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Gold Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Gold Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as AngloGold Ashanti, Barrick Gold Corporation, Furukawa Co., Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 366 Featured):

  • AngloGold Ashanti
  • Barrick Gold Corporation
  • Furukawa Co., Ltd.
  • Gabriel Resources Ltd.
  • Harmony Gold Mining Company Limited
  • Jinshan Gold
  • Johnson Matthey PLC
  • Kinross Gold Corporation
  • New Gold Inc.
  • New mont Mining Corporation
  • Tertiary Minerals PLC
  • Vedanta Resources PLC
  • Zijin Mining Group

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Gold - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Advances in Mining Technology Propel Growth in Gold Market
  • Increasing Demand for Gold as an Investment Expands Addressable Market Opportunity
  • Technological Innovations in Gold Extraction Generate Demand for Efficient Mining Solutions
  • Growth in Jewelry and Luxury Goods Sector Drives Adoption of Gold
  • Rising Focus on Sustainable and Ethical Sourcing Strengthens Business Case for Responsible Gold Mining
  • Adoption of Gold in Electronics and Technology Spurs Growth in Market
  • Advances in Gold Recycling and Recovery Sustain Growth in Secondary Markets
  • Integration with Digital and Blockchain Technologies Drives Market Expansion
  • Innovations in Gold-Based Nanomaterials Propel Growth in Medical and Industrial Applications
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Gold Market Analysis of Annual Sales in Tonnes for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Gold by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Gold by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for Gold by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Jewelry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Jewelry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for Jewelry by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Bars & Coins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Bars & Coins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for Bars & Coins by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for ETFs & Similar Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for ETFs & Similar Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for ETFs & Similar Products by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Central Banks & Other Investments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Central Banks & Other Investments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Central Banks & Other Investments by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Technology by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • TABLE 20: USA Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 21: USA Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 22: USA 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
CANADA
  • TABLE 23: Canada Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 24: Canada Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 25: Canada 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
JAPAN
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • TABLE 26: Japan Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 27: Japan Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 28: Japan 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
CHINA
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • TABLE 29: China Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 30: China Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 31: China 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
EUROPE
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • TABLE 32: Europe Recent Past, Current & Future Analysis for Gold by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Tonnes for Years 2023 through 2030 and % CAGR
  • TABLE 33: Europe Historic Review for Gold by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 34: Europe 16-Year Perspective for Gold by Geographic Region - Percentage Breakdown of Volume Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
  • TABLE 35: Europe Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 36: Europe Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 37: Europe 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
FRANCE
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • TABLE 38: France Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 39: France Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 40: France 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
GERMANY
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • TABLE 41: Germany Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 42: Germany Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 43: Germany 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
ITALY
  • TABLE 44: Italy Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 45: Italy Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 46: Italy 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
UNITED KINGDOM
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • TABLE 47: UK Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 48: UK Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 49: UK 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
SPAIN
  • TABLE 50: Spain Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 51: Spain Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 52: Spain 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
RUSSIA
  • TABLE 53: Russia Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 54: Russia Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 55: Russia 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
REST OF EUROPE
  • TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 57: Rest of Europe Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 58: Rest of Europe 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
ASIA-PACIFIC
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • TABLE 59: Asia-Pacific Recent Past, Current & Future Analysis for Gold by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Tonnes for Years 2023 through 2030 and % CAGR
  • TABLE 60: Asia-Pacific Historic Review for Gold by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 61: Asia-Pacific 16-Year Perspective for Gold by Geographic Region - Percentage Breakdown of Volume Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
  • TABLE 62: Asia-Pacific Recent Past, Current & Future Analysis for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology - Independent Analysis of Annual Sales in Tonnes for the Years 2023 through 2030 and % CAGR
  • TABLE 63: Asia-Pacific Historic Review for Gold by Type - Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology Markets - Independent Analysis of Annual Sales in Tonnes for Years 2014 through 2022 and % CAGR
  • TABLE 64: Asia-Pacific 16-Year Perspective for Gold by Type - Percentage Breakdown of Volume Sales for Jewelry, Bars & Coins, ETFs & Similar Products, Central Banks & Other Investments and Technology for the Years 2014, 2024 & 2030
AUSTRALIA
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Gold Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • AngloGold Ashanti
  • Barrick Gold Corporation
  • Furukawa Co., Ltd.
  • Gabriel Resources Ltd.
  • Harmony Gold Mining Company Limited
  • Jinshan Gold
  • Johnson Matthey PLC
  • Kinross Gold Corporation
  • New Gold Inc.
  • New mont Mining Corporation
  • Tertiary Minerals PLC
  • Vedanta Resources PLC
  • Zijin Mining Group

Table Information