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Gold price 2014: $1,225 – Thomson Reuters GFMS

Posted on 27 January 2014

Gold may have lost favour among western investors this past year, but ‘grass roots’ buyers still showed healthy appetites for the precious metal, according to Thomson Reuters GFMS’ latest gold survey.
The data shows that gold fabrication was up 11% in 2013 and bar hoarding was at record highs, as the price decline spurred a ‘frenzy’ of buying across Asian markets and a major geographical shift in gold demand over the second half of 2013………………………………………..Full Article: Source


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