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Gold demand slides to eight-year low in third quarter
Jewellery buying fell and inflows into bullion-backed ETFs dried up, says World Gold Council
Add BT as a preferred sourcePublished Thu, Nov 9, 2017 · 09:50 PM
London
GOLD demand slid to its lowest in eight years in the last quarter as jewellery buying fell and inflows into bullion-backed exchange traded funds dried up, data from the World Gold Council showed on Thursday.
Overall demand fell 9 per cent to 915 tonnes, its weakest since the third quarter of 2009, the WGC said.
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