Shine comes off global gold de­mand

Sunday Times - - Business Opinion & Bits -

Global gold de­mand hit the low­est first-quar­ter level in a decade as low price growth took the shine off in­vest­ment ap­petite, the World Gold Coun­cil said this week.

Global an­nual de­mand sank 7% to 974 tons in the first three months of 2018, the in­dus­try body said in a per­for­mance re­port on the pre­cious metal.

That was the weak­est first-quar­ter level since the same pe­riod in 2008.

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