| Amid global uncertainty, volatility and bad economic news, key investment trends seem to be heading in the right direction for gold speculators, with demand already near record highs. Gold demand reached 1,290 metric tons during the first quarter of 2016, a 21% increase compared to a year ago, making it the second best quarter on record.
The increase was driven by huge inflows into exchange traded funds, amounting to 394 metric tons, as investors bet on price rises driven by global demand and continued buying by central banks, led by the People's Bank of China, according to the World Gold Council's quarterly report...............................................Full Article: Source
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