World Gold Council 1Q2013 Update

Gold demand in 1Q2013 was 963 tonnes or $51 billion. Strong demand for gold jewellery, gold bars and coins was ​offset by significant net outflows in the major gold exchange traded funds (ETF's) as investors sold some of their bullion on the recent price decline. Even the most resilient of gold bulls are struggling to hang on during this difficult market correction. 

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