Q3 Gold Demand Up 6%; Jewelry Demand Reaches Quarterly Record of $25.5Bn

Gold demand in the third quarter of 2011 reached 1,053.9 tons, an increase of 6 percent compared to the same period last year. Demand totaled $57.7 billion, an all-time high in value terms according to the World Gold Council’s (WGC) Gold Demand Trends report for the third quarter of 2011, which was released today (Thursday).

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