Kumari Palany & Co

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Demand for gold up by 15 percent

Posted on: 12/Aug/2016 11:54:07 AM
The demand for gold in the 2nd quarter of the current financial year in the international market has increased to 1050 tons by 15 percent.

The corresponding figure for the previous financial year was 910 tons.

The demand for gold during the 1st half of the current financial figure is 2335 tons.

The investors in the Western countries have continued to invest in gold in order to change their investment priorities.

However, it is interesting to note that the demand for gold has reduced in countries like China and India.

This information is released by the World Gold Council.

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