Demand on gold has risen by 7% during the third quarter (Q3) of 2015 compared to the same period last year, Thomson Reuters reported in its GFMS Gold survey. The survey attributed this surge to “the net official sector buying and a stellar level of retail purchases of bars and coins”.
The top consumer of gold during Q3 was India with 193 tonnes, marking a 5% year-on-year (YoY) increase. Thomson Reuters’ report stated that this was “the highest quarterly consumption since Q1 2011 and the highest third quarter demand since 2008”...............................................Full Article: Source
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