Average quarterly gold bars and coins demand in Europe Q1 2015 - Q1 2017

Published by Statista Research Department, Dec 19, 2022
This statistic illustrates the average quarterly gold bars and coins demand as gold investment in European countries, excluding the CIS region, from the first quarter of 2015 to the first quarter of 2017. It can be seen that bar and coin demand fluctuated during the period under observation, reaching a value of 60.8 tonnes as of the first quarter of 2017. The highest quarterly demand for gold bar and coin in Europe was found in the fourth quarter of 2016, when gold bar and coin demand reached a value of 71.3 tonnes.

Quarterly average gold bars and coins demand as investment in European* countries from 1st quarter 2015 to 1st quarter 2017 (in tonnes)

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Source

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Release date

May 2017

Region

Europe

Survey time period

1st quarter 2015 to 1st quarter 2017

Supplementary notes

* European countries excluding CIS (Commonwealth of Independent States) countries.

The source adds the following definition:
"Official coin demand is investment by individuals in gold bullion coins. It equates to the fabrication by national mints of coins which are, or have been, legal tender in the country of issue. It is measured at the country of consumption rather than at the country of origin and is measured on a net basis. In practice it includes the initial sale of many coins destined ultimately to be considered as numismatic rather than bullion."
"Physical bar demand is investment by individuals in small (1kg and below) gold bars in a widely accepted form".

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