LONDON, 17 May 2015 – Leading German-language financial site foonds.com today quotes BullionVault analysis of the latest data for global gold demand.
Unlike 2015, says the financial news site, current conditions look positive for gold investment, with both gold prices and gold mining shares rising, driven by general uncertainty over the economic outlook.
However, the latest information on gold demand worldwide differs from a competing estimate, and not only because analysts at GFMS in London exclude this year's surge in ETF trust fund and also futures-exchange inventories from their definition of "physical".
"Including those figures," says foonds, quoting BullionVault analysis, "today's World Gold Council data put global gold demand 17% ahead of GFMS's estimate overall, with jewellery demand 29% larger, central-bank purchases 19% larger, and retail investment demand for small bars and coin 15% ahead."
You can read the full article in German at foonds.com here:
