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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Physical gold demand slips in August

Posted on 05 September 2013

Physical gold demand slipped in August, as buyers were scared away by rising prices and investors sold, market watchers said.
For much of this year, gold demand, particularly from Asia, has underpinned prices and many market watchers credit the surge in purchases from that region as the reason why gold stabilized in July, after prices fell to the $1,182 area, basis December. However, as prices rose, demand began to soften, analysts said………………………………………..Full Article: Source


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