Demand for gold weakest since financial crisis

By Andrew Scott / May 03, 2018 / www.proactiveinvestors.co.uk / Article Link

Alistair Hewitt, head of market intelligence at the World Gold Council tells Proactive Investors gold demand in 2018 got off to a quiet start reaching just 973 tonnes - the lowest quarter since 2008.

He says demand for gold in the technology sector however continued to improve.

The wireless sector was a key area of growth as 3D sensors for facial recognition were increasingly used in smartphones, gaming consoles and security systems.

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