Forex | Forex | Gold Trading (19/08/2009 20:29:34)

Gold Trading

In yesterday's gold trading commentary we pondered on the short term direction for gold prices and reasons for their relative stability given the gyrations elsewhere in the financial markets.  Figures released by the World Gold Council may go some way to explaining what has been happening in the gold trading market.  It appears that world gold demand fell 9% in the second quarter to 719.5 tonnes as rising prices and the impact of the global recession curbed jewellery consumption


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