12.08.2016 - ETFs ‘steal the show’ as investors drive gold demand to a record
Global investment demand for gold soared to a record for the first six months of this year, as investors sought a safer place to park their money against a backdrop of political and economic uncertainty, according to a report Thursday from the World Gold Council. For the first half the year, investment demand for gold, which includes bars and coins and demand from exchange-traded funds, reached 1,063.9 metric tons. That was up 16% from the previous first-half-of-the-year record in 2009 and accounted for almost half of the overall gold demand during the first six months of 2016, the WGC said...............................................Full Article: Source
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