Gold demand plummets to 13-year low in Q4

DECEMBER quarter gold demand fell to its lowest level since the heart of the financial crisis in 2008, according to a new report from the World Gold Council.

Gold demand plummets to 13-year low in Q4 Gold demand plummets to 13-year low in Q4 Gold demand plummets to 13-year low in Q4 Gold demand plummets to 13-year low in Q4 Gold demand plummets to 13-year low in Q4

Gold demand dropped in 2020 despite prices remaining bullish

Gold demand dropped by 28% year-on-year to 783.4 tonnes in Q4, bringing full-year demand to 3759.6 tonnes, an 11-year low.