Skip to content
Research Article Open access CC BY 4.0

Gold Jewellery Demand and Gold Price Volatility: A Global Perspective

Roman Grynberg, Teresia Kaulihowa, Fwasa Singogo

Journal of Economics, Management and Trade · pp. 1–13 · Published 5 Oct 2018

10.9734/JEMT/2018/41919

Abstract

Profound changes have occurred in the gold jewellery market which has experienced a secular decline in demand over the last twenty years. Despite the apparent growth in gold jewellery demand in India and China in the previous two decades, there has been a more than a compensatory decline in demand for gold jewellery in the rest of the world. This indicates that the industrial uses of gold have been in decline with other traditional uses, such as, dentistry declining even more rapidly than that of jewellery. As a result, the investment of gold in the form of gold bars, coins and Exchange-Traded Funds (ETFs) have had to absorb the increased supply that resulted from the price boom of 2011-2012. The paper argues that the demise of gold jewellery demand along with other traditional uses has resulted in a significant increase in the long-term gold price volatility.

Gold jewellery price volatility

Cited by 3

A Study on Gold Trends: India vs China

Aaisha J. Kamdar, Pranita M. Waghmare · IBMRD's Journal of Management & Research · 2020

Economic Variables Affecting the Gold Price : The Partial Effects of Linear Models

Tianqi Jiang · 2020 2nd International Conference on Economic Management and Model Engineering (ICEMME) · 2020

Volatility and Value at Risk of Gold Return

Adirek Vajrapatkul · Proceedings of the 2023 14th International Conference on E-business, Management and Economics · 2023

Article metrics

Real usage data collected on this platform.

0

Page views

0

PDF downloads

0

Outbound clicks

3

Citations

Views by country

Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".

No views recorded yet.

Traffic sources

Referring site, by host.

No traffic recorded yet.

Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.