Gold Demand: ETFs Bigger Than Jewelry | Commodities Reporter
That said, a number of investors engaged in profit-taking as Gold Prices rose – those in Japan seemed most keen on the idea. The WGC reported Japan saw a net sell-back of 20 tonnes of gold during the second quarter. … After all, as they get richer, more of the population will have income to Buy Gold and electronics. Gold supply, while still positive, is fairly tight, and mine output has remained relatively flat. As prices rise, more “old gold” – of bars, Gold coins and …
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