Comment on Global Gold Demand Fell 17%, Value Rose 5%, India and China Account for More than Half of Total Demand

Global Gold Demand Fell 17%, Value Rose 5%, India and China Account for More than Half of Total Demand

Global gold demand for the second quarter of 2011 fell 17 percent year-over-year to 919.8 metric tons, the World Gold Council reported Thursday. However, year-over-year value of the precious metal grew 5 percent to $44.5 billion???the second highest quarterly value on record. This reflects a 26 percent increase in the price of gold in the ...

 

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