Reuters: Record Prices Hurt Gold Demand

By  Reuters / October 01, 2024 / www.bullionvault.com / Article Link

LONDON, 1 October 2024 - Data, analysis and comment from BullionVault feature today in a report from global news agency Reuters on how gold's new all-time high prices are hurting consumer demand for the precious metal worldwide.

"For online marketplace BullionVault," says Reuters, "net selling [by investors] in September eased off ahead of the Fed's [interest-rate cut] decision and towards the end of the month totalled one-third of a metric ton."

Read more about what BullionVault is currently seeing in the full story - syndicated worldwide to sites including India's Economic Times, Toronto's Globe & Mail and MSN Mexico - at Reuters here:

Gold rally cripples physical demand in key markets

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