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Gold jewellery demand down 21 percent in 2Q, but production down too

Posted on 28 October 2008

From Mineweb.com: The World Gold Council reports that gold jewellery demand fell 21 percent year on year in the second quarter, but anecdotal eveidence suggests a sharp pick up in the third quarter.

The gold price drove demand for jewellery 21% down in the second quarter of this year compared to the second quarter of 2007. This came as the gold price remained high and volatile and inflation spread across the world….. Full Article: Source


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VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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