Gold investments drove price and demand growth – WGC

MINEX FORUM | February 3, 2017
img0 Image: inzoloto.ru World Gold Council published its report “Gold Demand Trends”. A four-year high in investment drove price gains and demand growth. 2016 full-year gold demand gained 2% to reach a 3-year high of 4,308.7t. Annual inflows into ETFs reached 531.9t, the second highest on record. Declines in jewellery and central bank purchases offset this growth. ...

India’s gold trade is imploding

MINEX Forum | July 26, 2016
img0 On Monday gold continued to drift lower trading around $1,320 in afternoon dealings after earlier in the day touching a near 0ne-month low, mining.com reported. For 2016 the metal remains firmly in a bull market adding more than 24% or some $260 an ounce, the best year-to-date performance in decades. Gold’s rally this year comes despite a sea change in what has ...