Gold Demand Trends Q2 2011

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Categories: Gold mining and sustainable development, Supply and demand, Jewellery, Investment, Technology, Reserve asset management

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Second quarter global gold demand was 919.8 tonnes, worth US$44.5bn – the second highest quarterly value on record. Year-on-year growth was broad-based across sectors and geographies. India and China were the major contributors to growth in both jewellery and investment demand. We view the prospects for both markets for the remainder of the year as optimistic.

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