Thursday, 13 August 2015

Global gold demand slid to 6-year low in second quarter :WGC

Gold demand hit a six-year low in the second quarter, a World Gold Council report showed on Thursday, as sluggish price movement and the prospect of better returns in equities curbed interest in the metal. Demand fell 12 per cent to 914.9 tonnes, with declines in China and India accounting for nearly half of the drop, the WGC said. Globally, jewellery buying fell...Read More

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