11.07.2016 - Gold outshines all commodities in 2016
A more than 20 per cent growth in global gold demand during the first quarter of 2016 made the precious metal the best-performing commodity so far this year, the Dubai Chamber of Commerce and Industry said in its latest analysis. Global gold demand jumped by 21 per cent to 1,289.8 tonnes in the March quarter of this year, according to the World Gold Council. Gold prices, along with other precious metals, such as silver, had been on a declining trend between 2011 and 2015 due to recurring worries about the global economic recovery, strong dollar, cheap energy cost and the consequent low levels of inflation...............................................Full Article: Source
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