Gold Silver Reports – Worldwide demand for gold dipped 0.3% on the year to 4,212 tons in 2015, with overall demand for use in jewelry sinking 3% to 2,415 tons, the World Gold Council reported Thursday.
The organization’s latest Gold Demand Trends report said investment demand for the metal rose 8% in 2015 to 878 tons, as investors purchased gold bullion as a safe asset amid growing concerns about global financial markets.
Consumer demand in China totaled 985 tons, while jewelry demand there fell 3% to 784 tons. – Neal Bhai Reports
