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Global gold demand may rise 15% in 2015 on Asia, ETP buys: HSBC
Published Thu, Jan 15, 2015 · 09:50 PM
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Singapore
GOLD demand will rebound in 2015 as bullion consumption in Asia increases and investors return to exchange-traded products (ETPs) backed by the metal, according to HSBC Securities (USA) Inc.
Global demand may rise 15 per cent to 4,127 tonnes this year, analysts James Steel and Howard Wen wrote in a report dated Jan 14.
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