PRECIOUS METALS

Gold jewellery demand up

DEMAND for gold continues to rise strongly despite higher prices with the World Gold Council reporting that consumers bought 716 tonnes of the metal in the September quarter, up 6% on the same quarter of a year ago.

Tim Treadgold
Gold jewellery demand up

The London-based WGC said jewellery demand led the way up with a 5.6% increase in sales to 651t. In India, one of the world's major gold markets, demand rose 16%, with buoyant demand also reported from...

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