Weak investor interest in gold meant total bullion demand dropped in quarter one, according to the World Gold Council (WGC).
Total yellow metal demand dropped 13% to 1,081 tonnes between January and March, the body said. It noted that “continued momentum in central bank buying and resurgent Chinese consumer demand contrasted with a negative contribution from [exchange-traded funds] and weakness in India.”
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased