donderdag 3 augustus 2017

WGC: Gold demand down, gold supply up

Gold demand in the second quarter has dropped from 1034 to 953 tonnes quarter over quarter. That's an almost 10% decline. Supply increased notably from 1032 to 1066 tonnes quarter over quarter. So it is no wonder that gold wasn't doing well in the second quarter of 2017. Since the election of Trump, gold has been in oversupply.

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