GFMS Gold Survey Q3 2015: Global Demand, Jewelry Demand Down

Finance and Trade
29/10/2015 07:22

Worldwide demand for gold during the third quarter rose 6.6 percent on the year to 1,074 tonnes, according to the GFMS Gold Survey: Q3 2015 Review and Outlook, a publication of Thomson Reuters. Jewelry making, which accounts for almost half of demand, declined slightly on the year, according to the publication, as “higher demand in India was offset by a slow recovery in Chinese offtake, although demand in the latter was not as bleak as in the first half."