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Global gold demand falls 7% in Q2 to 990 T, lowest in more than 2 years – World Gold Council
Global gold demand falls 7% in Q2 to 990 T, lowest in more than 2 years – World Gold Council
Gerry Davies
Thursday, 16/08/2012 | 05:07 GMT-0
16/08/2012 | 05:07 GMT-0
- Indian demand tumbles 38% in Q2 to 181.3 T; Chinese demand drops 7%
- Gold investment demand falls 23% in Q2 to 302.0 T
- Indian gold demand seen falling to 650-750 T in 2012; China to take over as NO1 consumer with 850 T of demand
- Central bank gold purchases more than double to 157.5 T in Q2; record buying expected in 2012
Reuters reporting.
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