
The price of gold has remained largely steady over the previous few years and is a fairly stable investment. It therefore appeals to those who are concerned about the future. Inflation is a further factor contributing to the increase in the gold bullion market. Many individuals think that the economy is at risk from inflation, therefore they want to preserve their resources by investing in things that won't be affected by it. Because gold is immune to inflation, it is a desirable option for investors who wish to safeguard their funds. There are several factors contributing to the fast increasing demand for gold bullion.
Economic ambiguity: Due to the current high level of economic ambiguity, gold is seen as a safe haven asset. Investors frequently purchase more gold when they are concerned about the economy. Geopolitical tensions: As a result of rising geopolitical tensions worldwide, demand for gold has risen as well in recent years. In times of political unrest, gold is regarded as a secure investment. Central bank purchasing: In recent years, central banks all over the world have increased their purchases of gold, which has helped boost demand for gold bullion. A lot of central banks use gold as a method to diversify their holdings and guard against market volatility.
People are not spending as much money as they used to because the global economy is still unstable. More money is being printed by the Federal Reserve, which increases the value of other currencies and lowers the purchasing power of gold. People are using more electronic options for transactions as technology develops quickly. The global gold bullion market is anticipated to suffer in the years to come as a result of an expanded number of vendors targeting consumers through digital media and opening the door for the purchase of digital gold.
As economic instability throughout the world has increased, investors have turned to safe-haven investments like gold. As a result, there is now more demand for gold, which has driven up the price of the metal and stimulated the market for gold bullion. In order to diversify their reserves, central banks around the world have been expanding their gold holdings. Given the continued worries about the soundness of fiat currencies, this trend is probably going to continue. The interest in 'alternative' investments, such as gold, has been growing among institutional and retail investors, to finish.
Report Coverage
Global Gold Bullion research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Gold Bullion report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Gold Bullion competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Gold Bullion market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2030 |
Base Year | 2022 |
Forecast Period | 2022-2030 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | PJSC Polyus, Barrick Gold Corporation, Newmont Corporation, AngloGold Ashanti Ltd., Kinross Gold Corporation, Newcrest Mining Limited, Goldcorp Inc., Agnico Eagle Mines Limited, Sibanye-Stillwater, Harmony Gold Mining Company Limited, Randgold Resources Limited, Cia de Minas Buenaventura S.A.A., Gold Fields Limited, Shandong Gold Mining Co., Ltd., Zijin Mining Group Co., Ltd., Fresnillo PLC, Yamana Gold Inc., Kinross Gold Corporation, Alamos Gold Inc., Eldorado Gold Corporation |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Gold Bullion Market from 2021 to 2030.
- Market Forecast for Gold Bullion Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Gold Bullion competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Gold Bullion
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Gold Bullion market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Gold Bullion market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
PJSC Polyus, Barrick Gold Corporation, Newmont Corporation, AngloGold Ashanti Ltd., Kinross Gold Corporation, Newcrest Mining Limited, Goldcorp Inc., Agnico Eagle Mines Limited, Sibanye-Stillwater, Harmony Gold Mining Company Limited, Randgold Resources Limited, Cia de Minas Buenaventura S.A.A., Gold Fields Limited, Shandong Gold Mining Co., Ltd., Zijin Mining Group Co., Ltd., Fresnillo PLC, Yamana Gold Inc., Kinross Gold Corporation, Alamos Gold Inc., Eldorado Gold Corporation
Primary Target Market
- Market Players of Gold Bullion
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Gold Bullion market based on the below-mentioned segments:
Global Gold Bullion Market, By Type
Gold bar
Gold Coin
Global Gold Bullion market, By Distribution Channel
Online
Offline
Global Gold Bullion market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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