2023 Gold Demand Peaks Amid Global Uncertainties
The Global Gold Council's 2023 report unveils the complex dynamics of gold demand. Louise Street, a senior analyst, predicts that ongoing conflicts, trade tensions, and numerous global elections will likely steer investors towards gold.
This year, gold demand, excluding the over-the-counter (OTC) market, fell slightly to 4,448 tons, down 5% from last year. Yet, when including OTC and other sources, demand hit a record high of 4,899 tons, pushing the average annual gold price to its peak for 2023.
Central bank purchases maintained a swift pace, reaching 1,037 tons, the second-highest ever, only 45 tons below last year's record.
Despite strong demand from OTC and central banks, ETFs saw a third year of net outflows, totaling 244 tons, mainly in Europe.
Bar and coin investments dropped by 3%, balancing out with varying market strengths. European demand notably decreased by 59%, while China saw a 28% increase to 280 tons. India, Turkey, and the United States also reported significant rises.
The jewelry sector remained robust despite high prices, with a slight annual increase. China, recovering from COVID-19 lockdowns, saw a 17% rise in demand, contrasting with a 9% fall in India.
Mining output was stable with a 1% growth, and recycling went up by 9%, leading to a 3% increase in overall supply, which was lower than anticipated considering the high gold prices.
Street highlighted central banks' steady demand as a crucial support for the gold market, compensating for other market areas' weakness. She pointed out that geopolitical uncertainties often boost gold demand. With the expected influence of conflicts, trade tensions, and elections in 2024, investors might turn to gold as a safe asset.
Street also noted that central banks frequently mention gold's crisis performance as a purchase rationale, implying that this sector's demand is likely to stay strong.
Source
🇲🇽- Mexican Cartel Drone Operator seen stalking a Mexican Marine Convoy in Mazatlán.
This isn’t much of a surprise, Cartel members have reportedly been joining the Ukrainian Foreign Legions en masse to hone drone operation and close quarters combat skills.
Since many of them are starting to return home, and now training other members of their cartels, i wouldn’t be shocked to see a new level of militarization in these organizations.
My jaw literally dropped listening to this
There is a Muslim pilot who works for United Airlines that regularly makes pro-terrorist organizations posts on his social media
The Muslims name is Ibrahim Mossallam. He works on the Board of CAIR New York, which is linked to the Muslim Brotherhood
He made an October 7, 2023 Facebook post calling the Hamas attacks “resistance by a brave people.” United suspended him with pay while investigating but the Pilots Union got him his job back and he went back to flying planes in America
Since then the pilot has been temporarily resuspended for flying because of his extreme religious beliefs and posts but he is 100% still employed. He is still getting paid on suspension
I looked into this guy and he is VERY involved in Muslim organizations
From Nic Hulscher:
We found COVID “vaccine” genetic code FUSED into chromosome 19 of a Stage IV turbo cancer victim.
This is the first peer-reviewed study showing that COVID shot DNA can integrate into the human genome.
Human beings should NOT have Pfizer or Moderna DNA in their tumors.
Study Link: https://ijirms.in/index.php/ijirms/article/view/2130
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BREAKING: James Talarico Was in Ohio Mental Health Hospital During Mysterious Disappearance (AUDIO)
https://www.thegatewaypundit.com/2026/10/breaking-james-talarico-was-ohio-mental-health-facility/
HUH? Mental Hospital Denies Talarico Received Treatment After Claiming They Would “Never Disclose, Confirm, or Deny Who Our Patients Are Here”
https://www.thegatewaypundit.com/2026/10/update-mental-hospital-claims-talarico-has-never-received/