November 18, 2012

Gold Demand Trends Q3 2012

The latest edition of Gold Demand Trends by Gold Council is now out.

The report looks into the gold demand in the 3rd quarter of 2012, which equals 1,084.6 tonnes - this figure is 11% lower than the record set in the 3rd quarter of 2011 (1,223.5). However it was still above the five year quarterly average of 984.7 tonnes. In value terms, gold demand was 14% lower year on year at $57.6bn and the average gold price of $1,652/oz was down 3% on the record average Q3 2011 price. 

Interested in more details? Download the full report !

Have a great week everyone!

Yours,
GBULLION team

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