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IPMI and Industry News: Industry News Archive

Kitco Reports on WGC's Gold Demand Trends

Thursday, August 3, 2017  
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Gold Demand Took A 10% Hit In Q2, But WGC Isn't Too Worried

Global gold demand’s 10% dive in the second quarter did not go unnoticed, led mainly by slowing exchange-traded fund inflows, according to the latest data released by the World Gold Council (WGC). But the gold-focused organization remains optimistic, noting that if ETFs are taken out of the equation, gold demand shows healthy signs in other sectors. - Kitco 08/03/2017

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