PRECIOUS METALS

Gold demand plummets to 13-year low in Q4

DECEMBER quarter gold demand fell to its lowest level since the heart of the financial crisis in 2008, according to a new report from the World Gold Council.

Oonagh Reidy
Gold demand dropped in 2020 despite prices remaining bullish

Gold demand dropped in 2020 despite prices remaining bullish

Gold demand dropped by 28% year-on-year to 783.4 tonnes in Q4, bringing full-year demand to 3759.6 tonnes, an 11-year low.   A 59% slump in central bank sales was one of the main drivers,, with demand...

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