Lack Of Demand Tarnishes Prospects For Gold

May 6, 2017

London (May 6)  Gold is bombing with demand from investors and consumers down 18% in the first three months of the year.

The price for an ounce is holding up compared with a year ago, but fewer people want to buy the precious metal.

The spot price is US$1.22, compared to $1.23 at the start of May 2016.

Source: iExpats

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