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

Gold demand falls 15pct in 2013

Posted on 19 February 2014

Global gold demand fell by 15 per cent to a four-year low in 2013 as US investors sharply reduced holdings of the precious metal.
Bullion last year suffered its biggest drop since 1981, losing more than a quarter of its value as a decade-long bull run ended. It has since regained some ground, rising 9 per cent this year to $1,327 a troy ounce on Monday………………………………………..Full Article: Source


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