09.11.2016 - Gold has become too expensive for almost everyone |
The rise in gold prices this year has made the metal less appealing to buyers across the world. Global gold demand slumped 10% year-on-year in Q3 to 993 tonnes, according to a quarterly report from the World Gold Council published Tuesday. Jewelry demand fell in nearly every consumer market that the council follows, sliding 21% year-on-year in the third quarter to 493 tonnes. The drop was the biggest in two years...........................................Full Article: Source |