The import of non-monetary gold in unwrought forms to the US is projected to decrease steadily from 203.1 thousand kilograms in 2024 to 180.78 thousand kilograms by 2028. This represents a year-on-year decline, with an average annual decrease (CAGR) of approximately 2.95% over this forecast period. In contrast, the value for 2023 stood at higher levels, signaling a downward trend moving into the forecast years.
Future trends to watch for include:
- Global economic conditions affecting gold supply and demand dynamics.
- Geopolitical tensions impacting gold trade policies and tariffs.
- Fluctuations in the US dollar affecting gold commodity pricing.
- Technological advancements in gold production and recycling processes.