Business
Gold demand plunges to 11-year low – World Gold Council – RT
Covid-19 crushes demand for gold to 11-year low – World Gold Council
Demand for gold slipped by 10 percent from the beginning of the year and plunged to 892.3 tons in the period July-September, according to the WGC data. This is the lowest quarterly total since 2009, the report states, explaining the decline by the impact of the Covid-19 outbreak on investors and consumers.
Also on rt.comRussian investors prefer cryptocurrencies over gold World Gold CouncilMeanwhile, central banks have started to tap their gold stockpiles as governments are trying to offset the…
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