Gold demand to be 11 per cent up this year: GFMS

Considering the probability of 10 per cent lower rainfall and 15 per cent lesser annual gold price, gold demand is expected to be roughly 11 per cent higher this year to 966 tons, finds precious metals consultancy GFMS. The study finds that revenue from agriculture plays a significant role in driving gold demand. Of the 29 years under study,...Read More