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Gold demand in Europe spikes 135 percent due to market worries

Michael Allan McCrae | November 20, 2011 | 11:00 pm Precious Metals Asia China Europe Gold 

Due to euro jitters and the U.S. credit downgrade, investment demand in Europe for gold jumped 135% to a record quarterly value of €4.6 billion. On Thursday the World Gold Council’s Gold Demand Trends report for Q3 2011 was released....

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