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World Gold Council revealed record investment demand in the first half of 2016

Gold bars

Appetite for gold is showing no signs of abating, as figures from the World Gold Council revealed record investment demand (1,064 tons) in the first half of 2016. The trend for ETFs to pile in to the precious metal sent the price of gold soaring by 25% in H1, the biggest price rise since 1980. And for the first time ever, investment, rather than jewelry, was the largest component of gold demand for two consecutive quarters.

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