PRECIOUS METALS

Gold demand weaker, but outlook bright

GLOBAL trends have shown gold demand has slipped in the second quarter with accelerated buying by central banks partly offsetting a fall in demand from the jewellery and technology sectors.

Brooke Showers

Gold demand weaker, but outlook bright

According to the World Gold Council report, gold demand was trending down 7% in the second quarter from Q2 2011 and down 10% from Q1 2012. Gold demand for Q2 measured 990 tonnes and was worth an estimated...

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