Metals

Precious Metals Update

8 November, 2016

Q3 2016 World Gold Council Demand Trends

In its Q3 Global Demand Trends report, published today, the World Gold Council (WGC) described a pretty gloomy picture for gold demand. Investment was the only exception, as the economic and political uncertainty following the UK’s referendum to leave the EU, coupled with the uncertainty around the outcome of the US presidential election, prompted investors to seek the safety of gold again. Looking ahead, we expect demand for safe havens to continue to support the price of gold, even more so i

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