LONDON, 3 August 2017 – BullionVault's view of the latest global gold demand statistics is quoted today by Yahoo Finance, the global internet portal's investment and money news channel.
Total demand for gold fell 10% between April and June from the same period last year says the article, syndicating a story from CNBC and reporting new figures from the minin-backed World Gold Council.
A drop in investment demand contrasted with higher jewellery, technology and central-bank buying as prices slipped.
"Asian small-bar and coin demand, like jewellery and even central-bank demand, typically rises on falling or flat prices," Yahoo Finance quotes Adrian Ash, director of research at BullionVault.
"Larger investor interest is needed to push gold prices higher. For that, the long-delayed correction or bust in world stock markets looks the most likely trigger."
You can read the full story, first published by CNBC, at Yahoo Finance here:
Investors conflicted as gold prices rise, but Fed and ECB policy outlook weighs
