Q2 Report: World Gold Council pdf
Accumulation of gold bullion from central banks was the bright spot in demand last quarter, as total demand fell 7% globally, which was driven by a 38% fall in consumer demand from India.
Price sensitive Indians have been shunning gold and many have been opting for far cheaper poor man’s gold – silver. LINK...
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Where do you think the "smart money" is going? BK
