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Title: Gold Demand Trends
Category: International Markets
Source: World Gold Council
Sector: Financials
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Detail:
Date: 2/28/2009 Pages: 21 Language: English File Type: Size: 885 Kb
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Summary:
Gold demand, in tonnage terms, remained strong in Q4 2008 although it was unable to sustain the record highs seen in Q3. Total identifiable demand was up 214.7 tonnes (26%) on the levels of Q4 2007. In $US value terms, this represented a 27% rise to $26.5bn. Extreme levels of economic uncertainty continued to underpin investment flows, but this was partly offset by weaker jewellery and industrial demand.
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