DUBLIN–(BUSINESS WIRE)–The “Gold – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.


The global market for Gold was sized at 4.7 Thousand Tonnes in 2024 and is projected to reach 6.3 Thousand Tonnes by 2030, growing at a CAGR of 5.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Countries hold large reserves of gold as a safeguard to stabilize national economies and as a hedge against inflation or economic uncertainty. This precious metal is mined in several countries, with China, Australia, Russia, and the United States being the largest producers. The process of mining gold can be intensive and complex, involving extensive exploration, excavation, and processing.

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.

How Are Technological Advancements Impacting Gold Production and Use?

Technological advancements have significantly transformed the methods of extracting and processing gold, increasing efficiency and environmental sustainability. Modern techniques in gold mining include bio-mining, which uses microbial processes to extract gold from ore and reduce the environmental impact associated with traditional extraction methods such as cyanide leaching.

In gold refining, advancements have streamlined processes to reduce waste and improve the purity of the final product. Technology has also expanded the use of gold beyond adornment and currency into applications such as electronics, where gold’s excellent conductivity makes it valuable for use in high-end connectors and circuit boards, and healthcare, where it is used in diagnostic procedures and treatments.

What Are the Current Market Dynamics Influencing Gold Demand?

The demand for gold is influenced by various factors that make it unique compared to other commodities. It is driven not only by its practical uses in jewelry and technology but also by its role as an investment vehicle. During times of economic uncertainty, gold is often seen as a ‘safe haven’ investment due to its intrinsic value and historical reliability. This has been evident during economic downturns, where an increase in investment demand for gold often offsets the declines in its industrial and jewelry use.

Additionally, the growing middle class in emerging markets has spurred demand for gold jewelry, particularly in countries like China and India, where gold is deeply woven into the cultural fabric. Central bank policies, inflation rates, and currency stability also significantly affect gold prices and investment demand.

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in USD Million from 2024 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., Gabriel Resources Ltd., Harmony Gold Mining Company Limited and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Gold Jewelry segment, which is expected to reach 3 Thousand Tonnes by 2030 with a CAGR of a 5.6%. The Gold Bars & Coins segment is also set to grow at 4.5% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, valued at 1.2 Thousand Tonnes in 2024, and China, forecasted to grow at an impressive 7.6% CAGR to reach 1.4 Thousand Tonnes by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Segments

  • Jewelry
  • Bars & Coins
  • ETFs
  • Central Banks
  • Investments
  • Technology

Key Attributes:

Report Attribute Details
No. of Pages 284
Forecast Period 2024 – 2030
Estimated Market Value in 2024 4.7 Thousand Tonnes
Forecasted Market Value by 2030 6.3 Thousand Tonnes
Compound Annual Growth Rate 5.1%
Regions Covered Global

Key Topics Covered:

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Gold – Global Key Competitors Percentage Market Share in 2025 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)

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

FOCUS ON SELECT PLAYERS: Some of the 366 major companies featured in this Gold market report include:

  • 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.
  • Newmont Mining Corporation
  • Tertiary Minerals PLC
  • Vedanta Resources PLC
  • Zijin Mining Group

For more information about this report visit https://www.researchandmarkets.com/r/pd4i4a

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