AS WE START A NEW DAY ON WALL STREET …. MAY THE INVESTMENT GOD’S BE WITH YOU ………          

Gold – Key findings included in the Gold Demand Trends Q2 2017 report are as follows:

  • Overall demand was 953t, a fall of 10% compared with 1,056t in Q2 2016
  • Total consumer demand rose by 9% to 722t, from 660t in the same period last year
  • Total investment demand (ETFs) fell 34% to 297t compared with 450t in Q2 2016
  • Gold coins and bars rebounded 13% in H1
  • Global jewelry demand grew 8% to 481t, from 447t in the same period last year
  • Central bank demand climbed 20% to 94t compared with 78t in Q2 2016
  • Demand in the technology sector increased 2% to 81t compared with 80t in Q2 2016
  • Total supply was down 8% to 1,066t, from 1,160t in the same period last year
  • Recycling fell 18% to 280t compared with 343t in Q2 2016