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Gold demand worldwide at highest level since Q2 2013

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Published Thu, Nov 12, 2015 · 09:50 PM

London

GLOBAL gold demand hit its highest in more than two years in the third quarter as July's price drop boosted buying of jewellery, coins and bars, the World Gold Council said on Thursday.

Overall demand reached 1,121 tonnes in the last quarter, up 8 per cent year on year to its highest since the second quarter of 2013. The rise was tempered by increased outflows from bullion-backed exchange-traded funds, however.

Gold

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