The GFMS market commentary section was created with a with a view to keeping our clients and contacts abreast of the latest developments in the precious metals market.

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2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002

2009

Société Générale Gold Hedge Book Analysis Q1-2009 June 2009

2008

	Neil Meader's Presentation "Crisis of the Markets: Scenarios and Forecast for Jewellery" at the Club Degliorafi Forum in Italy 24th November 2008
	Société Générale Global Hedge Book Analysis, Q3-2008 24th November 2008
	Interim Silver Market Review 20th November 2008
	Philip Klapwijk's Interview to Thomson Reuters 3rd October 2008
	The Impact of High Prices on Fabrication Demand for Precious Metals Philip Klapwijk's Presentation at The LBMA/LPPM Precious Metals Conference 2008 in Kyoto 30th September 2008
	Société Générale Global Hedge Book Analysis, Q2-2008 11th August 2008
	Société Générale Global Hedge Book Analysis, Q1-2008 28th May 2008
	Société Générale Global Hedge Book Analysis, Q4-2007 18th April 2008
	Gold Prices in 2008 and the Outlook for the US Gold Jewellery Market Philip Newman's Presentation from the Plumb Club Forum in New York 28th March 2008
	Are Gold and Silver Entering a New Paradigm? Paul Walker's Presentation in INDABA 4th February2008
	Société Générale Gold Hedge Book Analysis Q3-2007 30th January 2008

2007

	The Silver Market in 2007 7th November 2007
	Oro y Plata: Las Perspectivas Son Igual de Buenas? Presentation in Spanish given at the XXVII Convención Internacional de Minería in Veracruz 12th October 2007
	The Gold Market: Have the Physical Markets Mattered in this Rally? 26th September 2007
	Gold Hedge Book Analysis Q2-2007 21st August 2007
	World Silver Survey 2007 - Japanese Language Edition 20th August 2007
	Platinum & Palladium Survey 2007 - Japanese Language Edition 31st July 2007
	Gold Survey 2007 - Japanese Language Edition 31st July 2007
	Gold Hedge Book Analysis Q1-2007 18th May 2007
	Platinum & Palladium Survey 2007 - Presentation 25th April 2007
	Gold Survey 2007 - Presentation 4th April 2007

2006

	Gold Hedge Book Analysis Q3-2006 GFMS: Q3 De-hedging slowed to 2.0 Moz; a more sustainable level 16th November 2006
	The Silver Market in 2006 14th November 2006
	Gold Survey 2006 - Japanese Language Edition (18MB) 12th September 2006
	World Silver Survey 2006 Summary 11th July 2006
	Gold Market Review and Outlook June 2006
	Gold Hedge Book Analysis Q1-2006 31 May 2006
	World Silver Survey 2006 - Presentation 24 May 2006
	Platinum & Palladium Survey 2006 - Presentation 25 April 2006
	Gold Survey 2006 - Presentation 12 April 2006
	Gold Hedge Book Analysis Q4-2005 20 February 2006
	Gold Survey 2005 - Update 2 Presentation 19 January 2006

2005

	Central Bank Gold Reserves: Strategies and Prospects 09 December 2005
	Gold Hedge Book Analysis Q3-2005 15 November 2005
	The Silver Market in 2005 - Interim Review 07 November 2005
	GFMS Analytics' Precious Metals Market Briefing - Update 27 October 2005
	Platinum & Palladium - Current Views 20 October 2005
	GFMS Analytics' Precious Metals Market Briefing - Update 17 October 2005
	GFMS Analytics' Precious Metals Market Briefing (October 2005) 06 October 2005
	A Review of the Chinese Silver Market 30 September 2005
	Gold Survey 2005 Update 1 - Presentation 14 September 2005 Strong Physical Markets Lay Solid Foundations for Investor-Led Rally towards the $480 mark.
	Gold Hedge Book Analysis Q2-2005 11 August 2005
	Gold Hedge Book Analysis Q1-2005 02 June 2005
	Gold Survey 2005 - Presentation Further upside forecast for the Gold price due to investment's potential and a base of robust physical offtake 28 April 2005
	Platinum & Palladium Survey 2005 - Presentation Platinum Deficit Eases in 2004 as High Prices Impact Jewellery Demand and Mine Production Rises 14 April 2005
	GFMS Price Forecast 2005 (Price Forecast for gold, silver, platinum and palladium as published in "Forecast 2005" a LBMA publication) 21 February 2005
	Gold Hedge Book Analysis Q4-2004 17 February 2005
	Real World Analysis of the UK Gold Jewellery Market 28 January 2005
	Gold Survey 2004 - Update 2 (Presentation) 25 January 2005
	Base Metals: Commodity Markets: a Paradigm Shift or a cyclical upturn? 25 January 2005

2005 | 2004| 2003 | 2002

2004

	Gold: Transcript of the interview on "World Business Review" on BBC World Service Radio 04 December 2004
	Gold Hedge Book Analysis Q3 2004 16 November 2004
	Gold Survey 2004 - Japanese edition 21 October 2004
	Is the Sun Setting on the De-Hedging Era? Extracts from the paper presented at the GFMS Precious & Base Metals Seminar 22 September 2004
	The Gold Market in China: A New Beginning Download costs £2.95 06 September 2004
	Gold Supply & Demand Report Q2 2004 (statistical appendix) 02 September 2004
	World Silver Survey 2004 - Summary 19 June 2004
	Gold Hedge Book Analysis Q1 2004 01 June 2004
	Gold Survey 2004 - Presentation 15 April 2004
	Gold Supply & Demand Report Q4 2003 (statistical appendix) 07 April 2004
	Annual Hedge Book Review 2003 26 March 2004
	The New Central Bank Gold Agreement 11 March 2004
	Gold Hedge Book Analysis Q4 2003 16 February 2004
	Gold Supply & Demand Report Q4 2003 13 February 2004

2005 | 2004| 2003 | 2002

2003

	Gold Supply & Demand Report Q3 2003 21 November 2003
	Gold Hedge Book Analysis Q3 2003 07 November 2003
	Gold Supply & Demand Report Q2 2003 (statistical appendix) 26 September 2003
	Gold Survey 2003 - Update 1 Presentation 17 September 2003
	Global Hedge Book Analysis Q2 2003 19 August 2003
	Gold Supply & Demand Report Q2 2003 11 August 2003
	Gold Supply & Demand Report Q1 2003 (statistical appendix) 15 July 2003
	Global Hedge Book Analysis - Q1 2003 21 May 2003
	World Silver Survey 2003- Summary 08 May 2003
	Global Hedge Book Analysis - Q4 2002 14 April 2003
	2003 Price Forecast 07 March 2003

2005 | 2004| 2003 | 2002

2002

	Plateaus and Peaks In Precious Metals Mine Production 15 November 2002
	The Silver Market in 2002 13 November 2002
	The Challenge Facing the Italian Jewellery Industry 15 October 2002
	Gold Production and Consumption Weighted Price Indices Show the Relative Strength of Producer Prices 24 September 2002

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