GFMS
Encyclopedia
GFMS Ltd formed in August 1989, is a leading independent precious metals consultancy specialising in global gold
, silver
, platinum
and palladium
market research.
GFMS’ Executive Chairman is Philip Klapwijk. Its Chief Executive Officer is Paul Walker. GFMS Ltd has three sister companies under the parent GFMS Group: GFMS Metals Consulting-focusing on base metals and steel; GFMS Mining & Exploration Consulting-mining and exploration; and GFMS Analytics-immediate market analysis.
The consultancy’s core publication is the annual Gold Survey, which began in 1967. Consolidated Gold Fields – a mining conglomerate that was later taken over by Hanson in 1989, originally launched the Gold Survey. After the take over, GFMS was formed the same year to continue the Survey. GFMS also produce the annual World Silver Survey and the annual Platinum & Palladium Survey.
In 1998, members of the research team completed a management buy out of GFMS from GFSA, and the consultancy gained full independence. In 2002, GFMS became the first research company to become an associate member of the London Bullion Market Association (LBMA).
The consultancy is based in London and has representation in Russia, China, India, Australia, France, Germany and Spain.
Gold as an investment
World Gold Council
London Bullion Market Association
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...
, silver
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...
, platinum
Platinum
Platinum is a chemical element with the chemical symbol Pt and an atomic number of 78. Its name is derived from the Spanish term platina del Pinto, which is literally translated into "little silver of the Pinto River." It is a dense, malleable, ductile, precious, gray-white transition metal...
and palladium
Palladium
Palladium is a chemical element with the chemical symbol Pd and an atomic number of 46. It is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired...
market research.
GFMS’ Executive Chairman is Philip Klapwijk. Its Chief Executive Officer is Paul Walker. GFMS Ltd has three sister companies under the parent GFMS Group: GFMS Metals Consulting-focusing on base metals and steel; GFMS Mining & Exploration Consulting-mining and exploration; and GFMS Analytics-immediate market analysis.
The consultancy’s core publication is the annual Gold Survey, which began in 1967. Consolidated Gold Fields – a mining conglomerate that was later taken over by Hanson in 1989, originally launched the Gold Survey. After the take over, GFMS was formed the same year to continue the Survey. GFMS also produce the annual World Silver Survey and the annual Platinum & Palladium Survey.
In 1998, members of the research team completed a management buy out of GFMS from GFSA, and the consultancy gained full independence. In 2002, GFMS became the first research company to become an associate member of the London Bullion Market Association (LBMA).
The consultancy is based in London and has representation in Russia, China, India, Australia, France, Germany and Spain.
See also
Gold exchange-traded fundGold exchange-traded fund
Gold exchange-traded products are exchange-traded funds , closed-end funds and exchange-traded notes that aim to track the price of gold. Gold exchange-traded products are traded on the major stock exchanges including Zurich, Mumbai, London, Paris and New York. , physically backed funds held...
Gold as an investment
Gold as an investment
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a hedge or harbor against economic, political, or social fiat currency crises...
World Gold Council
World Gold Council
The World Gold Council is a non-profit association of the world's leading gold mining companies, established in 1987 to promote the use of gold. It aims to stimulate demand for gold from industry, consumers, and investors. The Council's Chief Executive Officer is Aram Shishmanian, former head of...
London Bullion Market Association