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Investment key to driving gold demand higher in Q1: World Gold Council
May. 19, 2011 08:47PM PST
Precious MetalsPlatts reported that gold demand increased 26% in first quarter 2011 over the same period last year.
Platts reported that gold demand increased 26% in first quarter 2011 over the same period last year.
The market news is quoted as saying:
Despite the outflows, the collective volume of gold held by global ETFs by the end of the quarter was in excess of 2,100 mt equating to more than $95 billion.
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