Gold demand up 7% in Q1, boosted by central banks’ buying and India: WGC

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Global demand for gold grew to 1,053.3 tonnes in Q1, up 7 per cent year-on-year, according to the latest report by the World Gold Council (WGC). A big reason for the stronger demand is central banks, which continued to buy gold for diversification and liquidity purposes. Another is improvement in the India market. Central banks around the […]

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