Gold demand fell 12% to four-year low in quarter

Gold demand fell 12% to four-year low in quarter
# 15 August 2013 10:07 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. Second-quarter demand fell 12% in tonnage terms to 856.3 metric tons, compared with the same quarter a year ago. In dollar terms, demand dropped 23% to $39 billion, APA-Economics reports quoting the World Gold Council.

Jewelry demand, as well, jumped 37% to 575.5 metric tons, and in value terms rose 20% to $26.2 billion.

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