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Gold demand sinks 16% year-on-year in Q2

Posted on 15 August 2014

Global gold demand declined sharply in the second quarter as prices steadied following exceptional circumstances in the same period of last year, according to the latest World Gold Council (WGC) report.
Bullion demand stood at 964 tons in the second quarter, down 16 percent on year, when demand totaled 1,148.3 tons, the report published Thursday found. However, the decline came as no surprise given the contrast in market conditions between the periods………………………………………..Full Article: Source


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