ETF holdings grew again, but inflows were far smaller than 2016 Investors added 202.8t to their holdings of gold-backed ETFs, mainly in Europe.
US weakness dominated global bar and coin investment Bar and coin demand dropped 2% in 2017 as record equity markets pushed US gold investment to a 10-year low.
First year of growth in jewellery demand since 2013 Stable gold prices and improving economic conditions helped jewellery demand grow 4% to 2135.5t, albeit still below historical levels.
Gold in Technology ended 6-year downtrend Technology demand climbed 3% in 2017, chiefly due to the growing use of sensors in smartphones and vehicle safety features.