19.08.2013 - Global gold bar, coin investments climb 78pct in April-June 2013 y/y to 500 tons
Gold bar and coin investment grew by 78% globally in April-June 2013 compared to the same quarter last year, topping 500t in a quarter for the first time, said the latest World Gold Council Gold Demand Trends report. In China, demand for gold bars and coins surged 157% compared with the same quarter last year, while in India it jumped 116% to a record 122t. Taking jewellery demand and bar and coin investment together, global consumer demand totalled 1,083t in the quarter, 53% higher than a year ago...............................................Full Article: Source
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