Thursday, February 2, 2017

Gold demand up 2 percent in 2016 as investment offsets lower jewellery buying - WGC - Reuters


Reuters

Gold demand up 2 percent in 2016 as investment offsets lower jewellery buying - WGC
Reuters
LONDON A bounce in investment to a four-year high drove a modest gain in gold demand last year, data from the World Gold Council showed on Friday, even as use of the metal in jewellery slid to its lowest since 2009 and coin and bar buying dipped.
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Global gold jewellery demand fell to seven-year lowgulfnews.com
India's gold demand fell sharply by 21% to 676 ton in 2016Moneycontrol.com
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