Gold Demand Trends Q3 2010

Precious Metals

World Gold Council reports that Global gold consumption for 2010 will be higher than 2009.

World Gold Council reports that Global gold consumption for 2010 will be higher than 2009.

The market news is quoted as saying:

The WGC expects global gold demand in 2010 to exceed that of 2009 for three key reasons: strong demand for jewellery in Asian markets; a revival in the use of gold by the industrial sector; and robust investment demand as a result of concern over quantitative easing, currency conflict and inflation fears.

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