Table 3  : Gold Demand Trends in India viz-a-viz Other Countries

 

Q1 – 2007

Q1 - 2006

2006

2005

Country

Jewellery

Net retail

Total

 

Total

 

Jewellery

Net retail

Total

 

Jewellery

Net retail

Total

 

 

 

Investment

 

 

 

 

 

Investment

 

 

 

Investment

 

 

India

147.0

64.0

211.0

(30.9)

140.7

(24.5)

521.5

194.0

715.5

(26.8)

587.1

134.5

721.6

(23.3)

China

81.6

8.0

89.6

(13.1)

68.4

(11.9)

244.7

14.9

259.6

(9.7)

241.4

11.7

253.1

(8.2)

Hongkong

3.6

0.3

3.9

(0.6)

3

(0.5)

13.1

0.4

13.5

(0.5)

14

0.6

14.6

(0.5)

Taiwan

3.8

1.0

4.8

(0.7)

5.4

(0.9)

17.2

4.0

21.2

(0.8)

22.4

2.5

24.9

(0.8)

Japan

8.2

-15.0

-6.8

-(1.0)

-0.8

-(0.1)

32.8

-45.7

-12.9

-(0.5)

34

40.0

74.0

(2.4)

Indonesia

15.6

0.2

15.8

(2.3)

14.4

(2.5)

57.7

-1.0

56.7

(2.1)

78

3.0

81.0

(2.6)

Vietnam

6.5

16.0

22.5

(3.3)

10.7

(1.9)

22.1

61.5

83.6

(3.1)

26.9

34.0

60.9

(2.0)

Middle East

77.4

4.3

81.7

(12.0)

75.9

(13.2)

296.2

19.3

315.5

(11.8)

365.2

22.6

387.8

(12.5)

Saudi Arabia

24.3

1.7

26.0

(3.8)

24.3

(4.2)

104.3

8.0

112.3

(4.2)

146.2

7.3

153.5

(5.0)

Egypt

15.5

0.2

15.7

(2.3)

13.6

(2.4)

60.0

0.6

60.6

(2.3)

75.3

0.9

76.2

(2.5)

UAE

27.8

1.9

29.7

(4.3)

28.1

(4.9)

92.4

8.2

100.6

(3.8)

96.4

10.0

106.4

(3.4)

Others

9.9

0.6

10.5

(1.5)

10

(1.7)

39.6

2.6

42.2

(1.6)

47.3

4.4

51.7

(1.7)

Turkey

32.8

16.3

49.1

(7.2)

49.6

(8.6)

166.3

59.9

226.2

(8.5)

194.9

53.5

248.4

(8.0)

USA

54.2

6.3

60.5

(8.9)

66.1

(11.5)

306.1

35.0

341.1

(12.8)

349

28.3

377.3

(12.2)

Italy

9.3

0.0

9.3

(1.4)

10

(1.7)

64.8

0.0

64.8

(2.4)

71

0.0

71.0

(2.3)

UK

7.8

0.0

7.8

(1.1)

7.7

(1.3)

52.5

0.0

52.5

(2.0)

59.4

0.0

59.4

(1.9)

Europe

0.0

-3.0

-3.0

-(0.4)

-3.4

-(0.6)

0.0

-12.9

-12.9

-(0.5)

0

-13.9

-13.9

-(0.4)

Total

447.8

98.4

546.2

(79.9)

447.8

(78.0)

1794.0

329.2

2123.2

(79.6)

2043.1

316.8

2359.9

(76.3)

Others

125.0

12.3

137.3

(20.1)

126.4

(22.0)

485.3

60.3

545.6

(20.4)

661

71.0

732.0

(23.7)

World

572.8

110.7

683.5

(100.0)

574.2

(100.0)

2279.3

389.5

2668.8

(100.0)

2704.1

387.8

3091.9

(100.0)

Note: Figures in brackets are percentages to total world demand  

Source: World Gold Council and GFMS Ltd.