Global gold demand flat in Apr-June quarter at 955.1 tonne: WGC
Going forward, the WGC estimates jewellery demand in the range of 1,600 to 1,800 tonne for the year, well above 2020 levels but below its five-year average.
Going forward, the WGC estimates jewellery demand in the range of 1,600 to 1,800 tonne for the year, well above 2020 levels but below its five-year average.
Investors globally added 272.5 tonne to their holdings of these products, taking year-to-date flows to a record 1,003.3 tonne.
The total investment demand increased significantly by 98 per cent to 582.9 tonne during the quarter, compared to 295 tonne in the same quarter of 2019.
