_web.jpg?height=418&t=1793865766&width=800#)
Gold Demand Slips 1% in Q3 as Central Banks and ETFs Offset Weak Jewellery and Physical Investment
Gold demand fell 1% to 1,369 tonnes in Q3 as higher rates and bond yields weighed on prices below $4,000 an ounce, but record ETF holdings, 321 tonnes of central bank buying and strong technology demand offset the weakest jewellery quarter since 2000.
Gold demand fell 1% to 1,369 tonnes in Q3 as higher rates and bond yields weighed on prices below $4,000 an ounce, but record ETF holdings, 321 tonnes of central bank buying and strong technology demand offset the weakest jewellery quarter since 2000.
What's Your Reaction?
