Global gold demand driven by India and China fell in Q2 compared with 2010; Prices hit records
Aug 19th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global gold demand in the second quarter (Q2) of 2011 totalled 919.8t, down 17% from the strong levels of 1,107t in the second quarter of 2010, the World Gold Council announced on Thursday. Standout markets were India and China, as these two markets accounted for 52% of total bar and coin investment and 55% of global jewellery demand. Gold prices hit new records on Thursday.