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Gold demand in the third quarter of 2011 reached 1,053.9 tonnes, an increase of 6% compared to the same period last year. This equates to $57.7 Billion, an all-time high in value terms. According to the World Gold Council’s Gold Demand Trends report for Q3 2011, this increase was driven by investment demand which [...]  Precious metals are up across all major currencies with gold adding $30 and silver gaining $1.20 in just two days. The advance has been driven by strong buying pressure, as the dollar has been trading mostly flat. The World Gold Council (WGC) released robust Q2 results for worldwide gold demand (+36%) behind strong investment [...] |
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