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Gold demand pushes through $US 100 Billion Barrier

Posted on 23 February 2009

From Globaliamagazine.com: Sustained investor interest in gold over the course of 2008 against a backdrop of the worst year on record for global stock markets and many other asset classes, helped push dollar demand for the safe haven asset to $102bn, a 29% increase on year earlier levels.

According to World Gold Council’s (”WGC”) Gold Demand Trends, identifiable gold demand in tonnage terms rose 4% on previous year levels to 3,659 tonnes….. Full Article: Source


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