India and China account for 55 percent of total gold jewelry demand, WGC said.
FORBES: Gold Jewelry Demand Falls in 2011 Due to its High Price
The WGC defined the year for gold jewelry demand as a tale of two halves.
FORBES: Gold Jewelry Demand Falls in 2011 Due to its High Price
The ratio grew to 1.2% in 2012 due to increased ownership and price appreciation, the WGC said.
FORBES: WGC's Artigas: Gold Remains 'Under-Owned' Asset In Portfolios
The WGC report estimated that production increases the above-ground stock at a rate of 1.7% per year.
FORBES: WGC's Artigas: Gold Remains 'Under-Owned' Asset In Portfolios
He is back in action to defend his top spot in the WGC-Cadillac Championship at Doral Thursday.
Gold, said the WGC, offers portfolio diversification since it lacks the credit and counterparty risk of other investments.
FORBES: WGC's Artigas: Gold Remains 'Under-Owned' Asset In Portfolios
The American ended the WGC-Bridgestone Invitational 18 over, although he keeps hold of the world number one spot.
Overall, global gold demand in the first quarter fell by 5 percent to 1, 097.6 tons, the WGC reports.
As of the third quarter, China had already obtained 612 tons, eclipsing its total 2010 demand, according to the WGC.
FORBES: Competitive Currency Devaluations Support Higher Gold Prices
The WGC sees domestic demand for gold jewelry and investment driving 20 percent growth in Chinese gold demand during 2012.
Ogilvy, who was also runner up in the WGC event in 2007, proved too good for Cink in his semifinal.
He is still planning to travel to America but may now make his comeback in the WGC-NEC Invitational in Ohio.
And the South African, who won the WGC-CA Championship on his last outing, continued in untidy fashion on Monday's sodden fairways.
To fulfill demand, the WGC has created a program with Indian post offices to distribute coins and small pieces of gold.
The World Gold Council (WGC) reaffirmed the power of the Love Trade in its 2011 Gold Demand Trends report released this week.
The percentage of gold is low due to both the scarcity of gold and unprecedented growth in other financial assets, the WGC said.
FORBES: WGC's Artigas: Gold Remains 'Under-Owned' Asset In Portfolios
He already missed the Match Play Championship and was ready to miss another WGC next week at Doral until putting together four solid rounds.
In China, annual demand of 769.8 tons was up 20 percent, year-over-year, as a result of increases in both jewelry and investment, WGC said.
Poulter now heads to Shanghai for the WGC-HSBC Champions and is confident of carrying over his form against Tiger Woods and a world-class field.
At this week's WGC-Cadillac Championship at Doral in Miami, for instance, all 50 of the OWGR's top 50 players were invited (and all 50 showed).
According to the World Gold Council (WGC), over 2012, central bank demand totaled 534 tons, a level we have not seen in nearly 50 years.
Lamb said the WGC sees in the U.S. market, however, a dramatic new introduction creating new premiums for gold at the top end of the trade.
The WGC said this growth is likely to continue, due to increasing levels of economic prosperity, high levels of inflation and forthcoming key gold purchasing festivals.
Hanse has also been commissioned by American tycoon Donald Trump to re-work the famous 'Blue Monster' course at Doral, the venue for this week's WGC-Cadillac Championships.
The Englishman has been troubled by a long-standing calf problem and does not intend to play again before the WGC-HSBC Champions event, starting on 4 November.
However, the NS Gold catalyst has proven to be compliant with current European vehicle emissions standards, says the WGC, a market development organization for the gold industry.
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After the Honda Classic, Woods will stay in Florida for the WGC Cadillac Championship a week later, where he has tasted victory on a record eight occasions.
Woods also benefitted from a lesson with fellow golfer Steve Stricker, on the practice green at the Doral Resort and Spa last month before the WGC Cadillac Championship.
WSJ: Tiger Woods Should Credit His Return to No. 1 on Improved Putt
The WGC reported in September that the program had established 2 million accounts during its first few months in operation and the amount is growing by the day.
FORBES: Competitive Currency Devaluations Support Higher Gold Prices
In 2010, 6.6 million brides will make gold a part of their ritual as the yellow metal signifies the importance of a long-term relationship, says the WGC website.
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