The demand for gold by industry: The European and American markets

Abstract

Little information on the consumption of gold in technological or decorative applications is published. The International Gold Corporation therefore recently commissioned detailed surveys in Western Europe and the U.S.A. with the objective of acquiring quantitative data on two markets which together account for a major fraction of the total demand for gold for fabrication. The present article relies heavily on the results of these studies which were conducted by Michalopoulos and Parker, of Washington, D.C., C.G. Wedgewood and Co., of London, and Battelle Research Centre, of Geneva.