"It's hard to see a major move up in demand (this year)," the WGC's MD for investment, Marcus Grubb, said.
"Demand will remain high, but we're talking small single-digit numbers in terms of growth from the current tonnage level."
"The tonnage last year was 4,405 tonnes for consumer demand, and if you add in over-the-counter demand, it's another 100 tonnes higher," he said. "We would expect 2013 to be quite similar to that."
Grubb said he sees gold prices, which have traded between $1,625-$1,695 an ounce this year, staying within their current trading range, although potentially market-destabilising events such as upcoming US budget talks could push them higher.
Gold is down 1.4% this year after posting its biggest quarterly drop since 2008 in the last three months of 2012.