Posted inEuropean Union, Japan, Northeast Asia, World

Gold demand continues to sink in Q3

The total investment demand for gold (including jewelry) fell sharply during the 3rd quarter, the World Gold Council reported today. That is evidence of continued confidence in national currencies. With headline inflation running at 2.2% in the U.S., 1.4% in Europe, and 0.7% in Japan, respectively, institutions as well as individuals have less need for […]