Gold Demand Rose 6% in Q3

Financial Post reported that the World Gold Council said third quarter gold demand increased by 6%.

As quoted in the market news:

Global demand gained to 1,053.9 metric tons worth a record $57.7 billion, the London-based industry group said today in a report. Investor purchases of exchange-traded funds and products, bars and coins outpaced a drop in jewelry demand and increase in recycled supplies, it said.

Click here to read the full Financial Post report.