Gold demand drops from high 2011 figures

gold1

The World Gold Council today (May 17) released its latest Gold Demand Trends report, which showed demand in the first quarter of 2012 was down 5% from the same period last year.

The report said global gold demand in Q1 2012 was 1,097.6 tonnes, lower than the 1,150.7 tonnes reported in Q1 2011. The average price of gold for the quarter, however, was $1,690.57, 22% higher than the average for Q1 2011.

Demand for the quarter was underpinned by a number of factors, including the continued central ba

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: