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Strong Physical Demand Outweighed By Heavy Liquidation of Gold Funds In 2013

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Perth Mint Blog

The Perth Mint

Published : February 19th, 2014

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FOLLOW : Central Bank Crisis Gold Gold Demand World Gold Council

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	RESEARCH AND ANALYSIS Industry body The World Gold Council has released it latest report - âGold Demand Trends Full Year 2013â. â2013 proved to be the year of the consumer, with gold jewellery demand close to pre-crisis levels and investment in small bars and coins hitting a record high. The result was annual gold demand of 3,756.1 tonnes, valued at US$170bn. However, outweighing the impressive consumer demand were the effects of ETF outflows and lower central bank buying, resulting in 2013 demand 15% below the strong volumes recorded in 2012.â Download pdf to read the report in full.

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