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Gold demand up 6pct in Q3: World Gold Council

Posted on 18 November 2011

Global gold demand in the third quarter of 2011 has reached 1,053.9 tonnes, an increase of six per cent compared to the same period last year, according to the World Gold Council.

This equates to $57.7 billion, an all-time high in value terms, it said in a statement. The World Gold Council report said the increase was driven by investment demand which rose by 33 per cent year-on-year to 468.1 tonnes, generating record quarterly demand of $25.6bn……………………………………..Full Article: Source


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