CAPITAL MARKETS

Gold enjoys good start to the year

GOLD has glistened in the first quarter of the calendar year with consumer demand jumping year-on-year by 12% in tonnage terms and 30% in dollar terms, according to the World Gold Council.

Andrea Hayward

Gold enjoys good start to the year

But tonnage demand was not as strong as the December quarter, 2003, falling 143 tonnes below December’s 747t to 604t. India, Vietnam and Turkey spurred the gold recovery, with demand for jewellery up...

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