Arab Today, arab today wgc world gold demand down 16 in 2014 q2
Last Updated : GMT 19:46:07
Arab Today, arab today
Arab Today, arab today

WGC: World gold demand down 16% in 2014 Q2

Arab Today, arab today

Arab Today, arab today WGC: World gold demand down 16% in 2014 Q2

The World Gold Council
London - XINHUA

World gold demand decreased by 16 percent annually in the second quarter 2014, while increased mine supply leading to 10 percent growth in total gold supply, said the London-based World Gold Council (WGC) on Thursday.
Gold demand in Q2 2014 was 964 tonnes, lower compared with 1,148 tonnes in Q2 2013, said WGC in its quarterly published report.
Jewellery demand was almost a third lower, while bar and coin investment was less than half Q2 2013 levels, it said.
Central banks remained a solid element of demand with net purchases of 118 tonnes in the second quarter, representing a 28 percent increase year-on-year, it added.
As for the supply side, world gold supply increased 10 percent, owing to a 13 percent increase in mine supply in the second quarter.
"Sharp declines in the consumer segments of gold demand came as no surprise, given the stark contrast in conditions in the global gold market between the two time periods," said Marcus Grubb, Managing Director of WGC's Investment Strategy.
"Jewellery demand weakened year-on-year, but the broad, 5-year uptrend remains intact," he added.
The WGC based in London is the market development organisation for the gold industry.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today wgc world gold demand down 16 in 2014 q2 Arab Today, arab today wgc world gold demand down 16 in 2014 q2

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today wgc world gold demand down 16 in 2014 q2 Arab Today, arab today wgc world gold demand down 16 in 2014 q2

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday